Kiran Mazumdar Shaw settles alleged insider trading case with Sebi in Infosys matter
The Securities and Exchange Board of India (SEBI) had conducted an examination in the matter of Infosys and observed that Mazumdar Shaw had delayed making the requisite disclosures with respect to change in her shareholding in the company.
Kiran Mazumdar Shaw, lead independent director of Infosys, has settled with Sebi a case of alleged delay in making disclosure regarding change in her shareholding in the IT company by paying over Rs 3 lakh as settlement charge. Mazumdar Shaw, who is also a ch
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