Infosys CEO pays ₹25 lakh to settle alleged insider trading case
By
CS Mathew
Infosys CEO and MD Salil Parekh has settled insider trading charges with the Securities and Exchange Board of India (SEBI). In a case of alleged insider trading violation and the company’s failure to comply with the market regulator’s provisions, the executive has agreed to pay ₹25 lakh as settlement, according to reports.