Aster DM Healthcare reports insider trading violation, takes action
** Aster DM Healthcare (BSE: ASTERDM) reported a violation of its internal Code of Conduct under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The incident involved a contra trade executed by a designated person, Mr. P Divakar Reddy, who purchased and sold 30 shares of the company within six months, on March 6 and March 10, 2025. The company's audit committee directed action, including issuing a warning letter. The company has remitted a notional profit of INR 405, arising from the said trade, to the Investor Protection and Education Fund. Aster DM Healthcare affirmed its commitment to regulatory compliance and preventing future violations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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