SEBI bars Pradeep Pandya and Alpesh Furiya from securities market for 5 years, fines ₹1 crore each for insider trading.

SEBI has barred former CNBC Awaaz anchor Pradeep Pandya and technical analyst Alpesh Furiya from the securities market for five years, fining each of them ₹1 crore. Six other entities were also fined ₹10 lakh each and barred for five years. Pandya and Furiya shared confidential information about upcoming stock recommendations and exploited the information asymmetry for personal gain, according to SEBI.

June 11, 2024
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