Turtlemint Fintech Solutions Reports Trading Violations by Designated Persons
Turtlemint Fintech Solutions Limited has reported instances of trading violations concerning its designated persons, all related to unauthorized trading during a restricted window period.The company disclosed details regarding transactions made by five individuals—Aaditya Kulkarni, Yash Malviya, Yash Rajput, Hemant Mohapatra, and Kunal Dhru—who are employees or relatives of designated persons within the organization. In each case, the trade was identified as taking place during a trading window closure period.
The reported transactions involved both purchases and sales across different dates, with details preserved in the following summary:
| Designated Person | Role/Designation | Transaction Date | Action Type | Shares Traded | Average Price (₹) | Total Consideration (₹) |
|---|---|---|---|---|---|---|
| Aaditya Kulkarni | Senior Software Engineer | 08/07/2026 | Buy | 50 | 129.50 | 6,475/- |
| Yash Malviya | Tech Intern | 01/07/2026 | Buy | 2 | 143.49 | 286.98/- |
| Yash Rajput | Senior Software Engineer | 29/06/2026 | Buy | 1 | 138.13 | 138.13/- |
| Hemant Mohapatra | Director - Renewals | 30/06/2026 | Sell | 100 | 135.35 | 13,535/- |
| Kunal Dhru | Senior Territory Director | 10/07/2026 | Sell | 98 | 138.20 | 13,543.60/- |
The company confirmed that the violations in all instances stemmed from trading during the trading window closure period.
In response to these matters, the designated persons were issued a show cause notice by the company on July 14, 2026. Following internal review and placement of the matter with the Audit Committee, which directed action, a warning letter was subsequently issued in each case. The warning letters were issued by the company by July 30, 2026.
The company recorded that it issued the warning letters considering that the amount of trade in all cases was insignificant and the trades were made inadvertently without the intention of violating PIT regulations. There are no records of previous instances of violations for any of the involved persons.
TURTLEMINT Stock Price Movement
Turtlemint Fintech Solutions Limited shares slipped today in post-market trading, settling at ₹111.84 after shedding 0.62%. The stock approached its 52-week low amid heavy selling pressure, with the company traded a volume of 286,715 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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