Date: 05th November, 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
Not Specified
Financial Results
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
SEBI Insider Trading Violation Report
German Green Steel and Power Limited submitted a violation report under SEBI (Prohibition of Insider Trading) Regulations, 2015, regarding breach of the Company's Code of Conduct for Prevention of Insider Trading.
Violation Details
- Violator: Mrs. Sanya Zafar (spouse of Mr. Mushirulhaq Inamulhaq Iraki, Designated Person and Promoter Group member)
- PAN: AEPPZ3202A
- Nature of Violation: Trading during trading window closure period
- Transaction Details:
- October 15, 2026: Purchased 7,500 equity shares for ₹9,57,075
- October 29, 2026: Purchased 3,000 equity shares for ₹3,06,660
- Total: 10,500 equity shares for aggregate consideration of ₹12,63,735
Company Action
- Issued written warning to Mr. Mushirulhaq Inamulhaq Iraki and Mrs. Sanya Zafar
- Proposed transfer of ₹25,200 (2% of aggregate transaction value) to SEBI Investor Protection and Education Fund (SEBI IPEF)
- Transaction ID for transfer: 261105291794997
Reason for Action
Both individuals admitted the violation and clarified transactions were inadvertent, not intended to violate regulations. They confirmed they were not in possession of any unpublished price-sensitive information (UPSI) at the time of transactions.
Historical Context
No previous instances of violations since last financial year.
Committee Review
The Audit Committee noted the violation at its meeting held on November 05, 2026.