SEBI fines Supriya Kothari ₹10 lakh in Wipro probe
In short
SEBI has fined Supriya Kothari ₹10 lakh over a probe into suspected insider trading in Wipro shares. The regulator said she did not give the information and documents it asked for, even after repeated summons and reminders.
This matters for Wipro and market rules, because the investigation is still ongoing in the available report. It is not stated whether the insider-trading case has been closed.
What the reporting says
SEBI imposed a ₹10 lakh penalty on Supriya Kothari for failing to cooperate with its investigation into suspected insider trading in Wipro Ltd shares, according to the publisher summary. The regulator said Kothari did not provide required information and documents despite repeated summons and reminders. The immediate consequence is the fine itself, while the underlying insider-trading probe remains unresolved in the available reporting.
Why it matters
SEBI imposed a ₹10 lakh fine on Supriya Kothari for not cooperating with its investigation into suspected insider trading in Wipro Ltd shares. The regulator said she failed to provide required information and documents despite repeated summons and reminders. The action affects the enforcement process around Wipro-related trading, but the underlying outcome of the investigation is not stated.