SEBI has fined former Religare Enterprises chairperson Rashmi Saluja ₹40 lakh for insider trading violations. She traded Religare shares while possessing unpublished price-sensitive information about the Burman Group’s open offer. Saluja has also been ordered to return ₹1.9 crore in unlawful gains with interest.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets