Waaree Renewable Technologies Ltd — Updates, 17-07-2025: Company Update
17-07-2025 | 06:29 pm
17-07-2025 | 06:29 pm
Waaree Renewable Technologies has reported violations of its insider trading code by two Designated Persons: Amit Ajmera and Gyan Prakash Pandey. The violations involved "contra trades"—buying and selling company shares within a six-month period. For one individual, a net loss was incurred on trades totaling Rs 2,07,931 and Rs 44,379. For the other, trades involved 1830 shares sold and 34 shares purchased, with a stated consideration of Rs 49,504. The company issued warnings, noting the trades were unintentional and negligible. The Audit Committee will evaluate any profits made from these transactions for deposit with the market regulator. This highlights the company's commitment to compliance and internal oversight.
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