Ambuja Cements reports violation of insider trading regulations with Rs 1,29,890 transaction

Arunika Jain — Wed, 06 May 2026 11:18:28 +0000

Ambuja Cements Limited has reported a violation of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, by one of its designated persons, Mr. Kiran Kotian. The breach involved trading in 250 equity shares of the company during a closed trading window, with a total transaction value of ₹1,29,890.

The company detailed the violation in compliance with Regulation 9(1) read with Schedule B of the SEBI PIT Regulations, 2015. The transaction occurred on various dates, including a contra trade, which is prohibited during the trading window closure period.

As a result of this breach, Ambuja Cements has taken disciplinary action against Mr. Kotian. The company issued a warning letter, imposed a penalty of ₹25,005, and ordered the disgorgement of profits amounting to ₹1,595. These amounts have been directed to be deposited into the Investors Protection and Education Fund (IPEF).

The company stated that the action was taken as the trade, although unintentional, violated the company’s internal code of conduct. No previous instances of such violations were reported since the last financial year.

The penalty and disgorgement amounts were transferred online by Mr. Kotian, with the penalty transaction completed on March 16, 2026, and the disgorgement on April 10, 2026.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Kiran Kotian | Business Upturn

Ambuja Cements reports violation of insider trading regulations with Rs 1,29,890 transaction