Sebi sends notices to PwC, EY execs over insider trades in 2022 Yes Bank share sale

Market watchdog Sebi is probing alleged insider trading in Yes Bank shares during a $1.1 billion deal in July 2022. Notices have been issued to executives from PwC, EY, Carlyle Group, and Advent International, along with their relatives and a former Yes Bank board member. Investigations reveal potential misuse of unpublished price-sensitive information for illegal gains.

Sebi sends notices to PwC, EY execs over insider trades in 2022 Yes Bank share sale
Market watchdog Sebi is probing alleged insider trading in Yes Bank shares during a $1.1 billion deal in July 2022. Notices have been issued to executives from PwC, EY, Carlyle Group, and Advent International, along with their relatives and a former Yes Bank board member. Investigations reveal potential misuse of unpublished price-sensitive information for illegal gains.