SEBI bars Future Group CEO Kirshore Biyani from securities market for 1 year | Editorji
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SEBI bars Future Group CEO Kirshore Biyani from securities market for 1 year

Feb 04, 2021 10:03 IST

The Securities and Exchange Board of India (SEBI) has barred Future Group CEO Kishore Biyani from accessing the securities market for a year after its investigation revealed insider trading in 2017. The capital market regulator said Biyani and his brother Anil traded in shares of Future Retail through another unit using unpublished price sensitive information. This happened between March 10, 2017, and April 20, 2017, when certain businesses of FRL were recast, causing its share price to rise, it said.

 

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