Non-disclosure of complaint: Sebi, bourses seek details from Infosys

Markets regulator Markets regulator Sebi and the stock exchanges have started looking into alleged non-disclosure of price-sensitive information by the Infosys management, in the wake of serious allegations levelled by whistleblowers. The regulator is also understood to be examining possible insider trading in the company’s shares.

The Securities and Exchange Board of India (Sebi) has already asked the stock exchanges to collate trading data of Infosys’ shares as well as about huge build-up derivative positions before the complaint was made public, according to officials. It has also sought details about alleged non-disclosure of key information by Infosys.

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