Date: 28.09.2026
Regulatory Compliance Disclosure
Dynamic Cables Limited has filed a regulatory disclosure regarding a violation of the company's Code of Conduct for Prohibition of Insider Trading under SEBI (Prohibition of Insider Trading) Regulations, 2015.
Violation Details
Designated Person Information:
- Name: Mr. Manoj Chaturvedi
- PAN: AFDPC3330B
- Designation: Assistant Vice-President (Design)
- Functional Role: Design
- Promoter/Promoter Group: No
Transaction Details:
- Scrip: Dynamic Cables Limited (BSE: 540795, NSE: DYCL)
- Trade 1: 12.08.2026 - Buy 100 shares at ₹462.7 per share
- Trade 2: 27.08.2026 - Sell 50 shares at ₹455 per share
- Trade 3: 11.09.2026 - Sell 50 shares at ₹455.55 per share
- Total traded value: Less than ₹10 lakhs in the calendar quarter
Nature of Violation
The Designated Person executed a contra trade in violation of the Code of Conduct framed under SEBI (PIT) Regulations, 2015. Specifically, the violation involved entering into reverse transactions within a period of six months.
Action Taken
The company has issued a warning letter to Mr. Manoj Chaturvedi to strictly adhere to the provisions of the SEBI (PIT) Regulations, 2015 and the company's Code of Conduct henceforth to avoid any actions for any subsequent violations.
Historical Context
No previous instances of violation are observed since the last financial year.
Financial Implications
No monetary penalty was collected for this code of conduct violation as the traded value was below the ₹10 lakh threshold requiring transfer to SEBI's IPEF.