Jindal Saw Limited — Others, 18-10-2024: Code of Conduct under SEBI(PIT) Reg., 2015

Jindal Saw Limited reported a violation of its code of conduct under SEBI regulations due to contra trading without pre-clearance by designated persons. A penalty of ₹15,000 was levied for each individual involved, with payments made successfully to the SEBI Investor Protection and Education Fund. The board emphasized that this action serves as a deterrent for others in the company. No previous violations were noted in the last financial year.