 "sebi")
Markets regulator Sebi on Wednesday imposed a penalty of Rs 30 lakh on two persons for circulating unpublished price sensitive information pertaining to quarterly results of Bajaj Auto through WhatsApp prior to official announcement by the company.
In an order, the regulator levied a fine of Rs 15 lakh each on Neeraj Kumar Agarwal and Shruti Vishal Vora.
Some news reports had referred to the circulation of Unpublished Price Sensitive Information (UPSI) in various private WhatsApp groups about certain companies ahead of their official announcements to the respective stock exchanges.
Against this backdrop, Sebi initiated a preliminary examination in the matter during which
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