Niva Bupa Health Insurance Company Limited — Important, 29-04-2025: Updates
29-04-2025 | 11:38 pm
29-04-2025 | 11:38 pm
Niva Bupa Health Insurance has reported violations of its Code of Conduct related to insider trading, with designated persons engaging in unauthorized trading during closure periods. Transactions included the sale of 120,000 shares by Mr. Ishwar Dutt Sharma valued at ₹10.08 million and 7,770 shares by Mr. Vikas Jain worth ₹0.65 million. Minor penalties of ₹10,000 and warnings were issued, reinforcing the company's commitment to compliance while noting that no unpublished price-sensitive information was involved in the trades. These actions highlight Niva Bupa's adherence to its compliance framework.
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