J K Bank Submits Insider Trading Compliance for New Executive Director
Jammu and Kashmir Bank files mandatory SEBI insider trading compliance after the appointment of Executive Director Sudhir Gupta, detailing his shareholding and regulatory disclosures.
New Delhi: Jammu and Kashmir Bank has submitted an official compliance disclosure under the SEBI Prohibition of Insider Trading Regulations following the appointment of its Executive Director. In its latest filing dated 4 December 2025, the bank confirmed that it has provided the required Form B, which details the shareholding and related information of the newly appointed Executive Director, Sudhir Gupta.
As per the declaration, Sudhir Gupta was reappointed as Executive Director effective 13 December 2025. At the time of his appointment, he held 8747 equity shares of the bank, representing a shareholding of 0.0007 percent. The bank also clarified that no futures or options contracts were held by the executive at the time of assuming office, and no open interest positions existed in derivatives linked to the company.
The disclosure was made in compliance with Regulation 7 and Regulation 6 of SEBI’s Insider Trading rules, which mandate listed companies to report shareholdings of key managerial personnel and directors upon their appointment or upon becoming promoters. Jammu and Kashmir Bank noted that the submission aligns with SEBI’s circulars governing such transactions.
The bank affirmed that the filing has been submitted to both the National Stock Exchange and BSE for regulatory records and investor transparency.