Zydus Lifesciences Limited Reports Code of Conduct Violation
Zydus Lifesciences Limited reported a violation of its Code of Conduct under the SEBI (Prohibition of Insider Trading) Regulations, 2015, on March 27, 2026.The violation involved Mr. Debtaru Upadhyay, a General Manager in the Marketing division of the company. Mr. Upadhyay's PAN is AANPU5319B. He sold 10 equity shares on March 13, 2026, at a price of Rs. 902.70 per share, for a total value of Rs. 9,027.
According to the report, Mr. Upadhyay admitted that the trade was unintentional due to oversight and resulted in a loss of Rs. 170. The company issued a warning letter to Mr. Upadhyay, requiring strict adherence to the SEBI PIT Regulations and the Code of Conduct. No previous violations have been observed. No amounts were collected due to the loss incurred.
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