Archive · 30 Sep 2025
SEBI Penalizes Swan Corp CEO Rahul Sharma for Insider Trading
Rahul Sharma, the CEO of Swan Corp, was caught using secret information to trade company stock.
This is against the law.
He made money from this illegal trading.
The financial watchdog, SEBI, fined him ₹2 lakh.
Sharma also failed to follow the rules about telling people what he was doing.
He already returned the money he made to SEBI.
SEBI penalized Rahul Sharma for insider trading.
Sharma executed trades in Swan Corp shares between September and November 2023.
Sharma made unlawful gains of ₹30.25 lakh.
Sharma breached the company's insider trading code.
Sharma failed to make required disclosures.
- Who
- Rahul Sharma, CEO of Swan LNG and a designated person of Swan Corp.
- What
- Was penalized by SEBI for insider trading.
- When
- The violations occurred between September 1 and November 30, 2023.
- Where
- N/A
- Why
- Sharma executed trades and contra-trades, breaching the company's insider trading code and failing to make required disclosures.
- Person Penalized
- Rahul Sharma
- Role
- CEO of Swan LNG
- Company
- Swan Corp
- Penalty
- ₹2 lakh
- Violation
- Insider Trading
- Unlawful Gains
- ₹30.25 lakh
- Trading Period
- September 1 to November 30, 2023
- Regulation Violated
- SEBI's PIT Regulations, 2015
