Following its letter addressed to Cyrus Mistry on December 26 2016, Tata Sons has filed a ‘complaint’ with the Securities and Exchange Board of India (SEBI) against Cyrus Mistry for having violated Regulation 3(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (Insider Trading Regulations).
Regulation 3(1) of the Insider Trading Regulations restricts insiders from communicating or providing any ‘unpublished price sensitive . . .
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