Case Law Details
Case Name : In Re. Mr. Prannoy Roy & Mrs. Radhika Roy (SEBI)
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SEBI
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In Re. Mr. Prannoy Roy & Mrs. Radhika Roy (SEBI)
It is a fact on record that Mr. Prannoy Roy was the Managing Director/Promoter and Mrs. Radhika Roy was the Chairman/Promoter of NDTV during the UPSI period and were in possession of the UPSI (PSI-6). That the Noticees have purchased 4835850 shares of NDTV while in possession of an UPSI-6 during the UPSI period and have sold shares of NDTV within 24 hours of public disclosure of the said price sensitive information (PSI) to the stock exchanges is borne out of undisputed facts. But for their purchases of those 4835850 shares on December 16, ...
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