Aster DM Healthcare Limited — Important, 31-03-2025: Updates
31-03-2025 · 07:11 pm
The report reveals a violation of the Insider Trading Code by Mr. P Divakar Reddy, a designated person at Aster DM Healthcare Limited. He conducted a contra trade involving the purchase and subsequent sale of 30 shares within a six-month period. The transactions were executed on March 6, 2025, and March 10, 2025, resulting in a notional gain of INR 405. The company promptly reported the issue to its Audit Committee, which deemed the trades inadvertent and initiated disciplinary action against Mr. Reddy. A warning letter was issued, and the notional gain was remitted to the Investor Protection and Education Fund. Aster DM Healthcare remains committed to upholding its regulatory obligations and preventing future incidents.
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