Promoters buying shares of their companies is considered positive as they are perceived to know best about their firms’ prospects. Securities and Exchange Board of India regulations permit a promoter to purchase up to 5% equity of his company in a financial year from the open market through the creeping acquisition route.
Sadhna Broadcast: Sebi bans actor Arshad Warsi, 58 others from markets for up to 5 yrs
Sebi has barred Arshad Warsi, Maria Goretti, and 57 entities from the securities market for 1-5 years due to misleading videos promoting Sadhna Broadcast shares.
May 30, 2025