SEBI flags PC Jeweller over missing insider-trading records from June 30, 2025 update

SEBI cited the violation as “failure to maintain structured digital database in relation to an unpublished price sensitive information relating to business update given by the company for the quarter ended June 30, 2025,” according to a stock exchange filing

Source

The Hindu — Business →

Quick Revision

Prelims-testable facts

01SEBI is the capital markets regulator in India.
02SEBI issued an administrative warning to PC Jeweller's promoter and compliance officer for failing to maintain a structured digital database of unpublished price-sensitive information (UPSI).
03The specific violation concerned a business update for the quarter ended June 30, 2025.
04PC Jeweller failed to maintain the insider-trading database for the update it disclosed to the exchanges on July 3, 2025.
05SEBI has the power to issue administrative warnings to companies and individuals for regulatory non-compliance.
06The warning was for failing to maintain a structured digital database of unpublished price-sensitive information (UPSI).
07The Securities and Exchange Board of India (SEBI) regulates the securities market in India.

Trap alerts

Most people think SEBI only issues warnings for serious offenses, but actually, it can issue warnings for minor regulatory non-compliances as well.
Most people think SEBI only regulates listed companies, but actually, it also regulates unlisted companies and individuals.

Prelims Practice MCQs

Single facteasy

SEBI warned the promoter and compliance officer of which company over the failure to maintain the insider-trading database?

A.PC Jeweller
B.SEBI
C.Indian Stock Exchange
D.Reserve Bank of India

SEBI warned the promoter and compliance officer of PC Jeweller over the failure to maintain the insider-trading database. This is a regulatory action taken by SEBI to enforce insider trading regulations in India.

Statement I & IIhard

Consider the following two statements: Statement-I: SEBI warned PC Jeweller's promoter and compliance officer over failure to maintain a structured digital database for unpublished price sensitive information. Statement-II: The failure to maintain a structured digital database for unpublished price sensitive information is a violation of SEBI's insider trading regulations. Which one of the following is correct in respect of the above statements?

A.Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
B.Both Statement-I and Statement-II are correct but Statement-II is not the correct explanation for Statement-I
C.Statement-I is correct but Statement-II is incorrect
Statement-I is incorrect but Statement-II is correct

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