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Indus Towers: Abhishek will take up the role from January 3, 2023, subject to approval of shareholders, for a term of five years till January 2, 2028, the tower company said in its BSE filings.
The Securities and Exchange Board of India (SEBI) recently issued a significant directive in the insider trading case involving Mawana Sugars Ltd (MSL). The order, which requires the legal heir of the late Siddharth Shriram to disgorge Rs 6.2 crore, has set a precedent in securities law enforcement. SEBI Lawyer insights suggest that this decision highlights the regulator’s commitment to maintaining market transparency and preventing unlawful gains.