Airtel promoter pays â¹2 lakh to settle insider trading case
Bharti Airtel's promoter firm Indian Continent Investment has settled an alleged insider trading case by paying â¹2.17 lakh towards settlement charges to SEBI. The company, which bought Airtel shares between 2007 to 2010, saw its holding cross 5% in April 2008, requiring it to make necessary disclosures. However, it was alleged the promoter company failed to make such disclosures.