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Reliance Petroinvestments hearing in January

Matter regards to an insider trading charge for which Sebi had penalised the company Rs 11 cr

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BS Reporter Mumbai
Last Updated : Nov 14 2014 | 3:18 PM IST
The Securities Appellate Tribunal 9SAT) said that it would hear Reliance Petroinvestments' appeal on January 20.

The matter was with regard to an insider trading charge for which the Securities and Exchange Board of India (Sebi) had penalised the company Rs 11 crore.

Hearings for Factorial Master Fund and Prime Broking, which were also scheduled on Friday, will now take place on December 16 and December 8 respectively.

A Sebi order had found Factorial to have acted on non-public information in June 2014. Prime had been declared a defaulter by the National Stock Exchange (NSE) in October 2013.

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First Published: Nov 14 2014 | 3:10 PM IST

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