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Nestle India receives SEBI warning over insider trading

March 10, 2025 at 10:07 PM UTCBy FilingReader AI

Nestle India (BSE: NESTLEIND) announced today that it has received an administrative warning letter from the Deputy General Manager of SEBI regarding a potential violation of the SEBI (Prohibition of Insider Trading) Regulations, 2015 ("PIT Regulations"). The alleged violation involves a contra-trade executed by a designated person of the company. According to the company's filing, the Compliance Officer received the warning letter on March 6th, 2025. Nestle India stated that it does not anticipate any material impact on its financials, operations, or other activities as a result of this matter. The company is providing the information for record and informational purposes, complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:NESTLEINDBombay Stock Exchange

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