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SEBI Bans Eight in IEX Insider Trading, Impounds ₹173.14 Cr

16 October 20251 min read
BANKING & FINANCESEBI Bans Eight inIEX InsiderTrading, Impounds₹173.14 Cr16 October 2025safalsetu.com

Why in the news

SEBI acted against alleged trading on inside information in Indian Energy Exchange shares.

Key facts

  • Banned: eight individuals; impounded: ₹173.14 crore.
  • Insider trading means dealing while holding UPSI, confidential news that could move a price once public.
  • Insiders: directors, officers, employees, connected persons.

SEBI regulations, 2015

  • Promoters and directors must disclose holdings and trades.
  • Trading window limits when insiders may trade; pre-clearance above a threshold.
  • Penalties: fines, bans, disgorgement.
  • SEBI uses analytics, digital evidence, surveillance and whistleblowers.

Exam angle

  • Key term: UPSI.

Test yourself

1. How much alleged illegal gain did SEBI impound in the IEX insider trading case?

SEBI impounded ₹173.14 crore.

2. What does UPSI stand for in insider trading regulation?

UPSI is Unpublished Price-Sensitive Information.

3. Under SEBI (Prohibition of Insider Trading) Regulations, 2015, which provision restricts insiders to trading only in certain periods?

The trading window limits insiders to designated periods.

This topic is part of Daily Current Affairs 16 October 2025 (17 topics).

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