SEBI adjudicating officer dismissed insider trading charges against Raj Kumar Agarwal related to RHI Magnesita India Ltd.
The order found insufficient evidence to prove Agarwal possessed UPSI about RHI's acquisition of Dalmia OCL Limited.
Key evidence included call records and trading patterns but lacked direct proof of UPSI communication.
The case involved analysis of VOIP calls, trading activities, and connections between RHI and Hi-Tech Chemicals.