Tube Investments reports insider trading code breach by senior manager

Tube Investments of India Limited (TII) has reported a violation of its Code of Conduct under the SEBI (Prohibition of Insider Trading) Regulations, 2015, by Robert Singh J, a senior manager – finance – TPI South. The violation involved trading in 30 equity shares of TII without obtaining pre-clearance and engaging in a contra trade within a six-month period.

The transactions included the purchase of 30 equity shares in May 2025 and subsequent sale of the same 30 shares in June 2025. The total purchase value was INR 91,475, and the sale value was INR 93,216, resulting in a profit of INR 1,741.

Although the trades were not reported by Mr. Singh J, they were identified through the Structural Digital Database (SDD) maintained by the company in September 2025. In response, TII has issued a warning letter to Mr. Singh J, instructing him to strictly adhere to the TII Code of Conduct for Prohibition of Insider Trading.