MOIL Gets SEBI Warning for Insider Trading by Designated Person

MOIL Limited receives SEBI administrative warning after a designated person sold 50 shares worth ₹19,002 during trading window closure in April 2024.
MOIL Gets SEBI Warning for Insider Trading by Designated Person

Nagpur, November 12, 2026: MOIL Limited has informed the stock exchanges that it received an administrative warning letter from SEBI on 11 November 2026 concerning insider trading activities by one of its designated persons.

Key Details

  • Nature of Violation: Sale of 50 shares of MOIL Limited (total value ₹19,002.50) on 23 April 2024 during the trading window closure period.

  • SEBI Direction: The designated person has been advised to refrain from such acts in the future.

  • Company Action: Copy of the SEBI warning letter was delivered to the concerned person on 12 November 2026.

 

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Designated Person’s Submission

The designated person submitted that the transaction was done inadvertently and confirmed that he did not possess or use any Unpublished Price Sensitive Information (UPSI) at the time of the trade. He has assured the Company of utmost care and strict compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 in future.

The intimation has been submitted to NSE and BSE for information and record.

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