Inox Green Energy Services Limited Discloses Insider Trading Non-Compliance
Inox Green Energy Services Limited reported a violation of its Insider Trading Regulations on March 28, 2026. The disclosure, made in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, pertains to non-compliance by Designated Person Shri BrijMohan Bansal, an Independent Director.According to the report, Bansal executed a contra trade involving Equity Shares of Inox Green Energy Services Ltd. (BSE Code: 543667, NSE Scrip: INOXGREEN) in violation of the company’s Code of Conduct.
The company issued a warning letter to Bansal, advising caution and compliance with the SEBI (PIT) Regulations and the company's Code. The company noted that the violation was the first instance of non-compliance by the director and attributed the transaction to an inadvertent error without intent to violate regulations or gain undue advantage.
No amount was collected for the Code of Conduct violation.
Report Details:
| Particulars | Details |
|---|---|
| Company Name | Inox Green Energy Services Limited |
| Designated Person (DP) Name | Shri BrijMohan Bansal |
| DP PAN | XXXXX3361P |
| DP Designation | Independent Director |
| Violation | Execution of contra trade within 6 months after prior transaction |
| Action Taken | Warning letter issued |
| Reason for Action | First instance of non-compliance, inadvertent error, no intent to violate |
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