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Sumitomo Chemical India Reports Insider Trading Code Violation, Fines Senior Executive

Story Highlights
  • Sumitomo Chemical India reported a code of conduct violation involving a designated senior employee.
  • General Manager Kaushal Shah pledged 250 shares without pre-clearance and was fined ₹5,000 for the breach.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sumitomo Chemical India Reports Insider Trading Code Violation, Fines Senior Executive

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The latest update is out from Sumitomo Chemical India Ltd. ( (IN:SUMICHEM) ).

Sumitomo Chemical India Limited has reported to the BSE and NSE a violation of its Code of Conduct under SEBI’s Prohibition of Insider Trading Regulations by a designated person. The company disclosed that Kaushal Shah, General Manager of its Bhavnagar plant, pledged 250 shares of the company during the week ended 14 November 2025 without obtaining mandatory pre-clearance from the Compliance Officer, and consequently imposed a monetary penalty of ₹5,000 on him, signaling enforcement of internal governance and compliance standards for designated employees.

More about Sumitomo Chemical India Ltd.

Sumitomo Chemical India Limited is a listed Indian company in the chemicals sector, operating corporate and registered offices in Mumbai. The company is part of the broader Sumitomo Chemical group and its shares are traded on Indian stock exchanges, making it subject to Indian securities market regulations and insider trading norms.

Average Trading Volume: 15,325

Technical Sentiment Signal: Sell

Current Market Cap: 234.9B INR

Learn more about SUMICHEM stock on TipRanks’ Stock Analysis page.

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