Law · SEBI Act, 1992

Under Section 15G of the SEBI Act, 1992, the penalty prescribed for dealing in securities on the basis of unpublished price-sensitive information (insider trading) is:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1A fixed penalty of ₹25 crore in all cases
2Not less than ₹10 lakh but which may extend to ₹25 crore or three times the amount of profits made out of insider trading, whichever is higher✓
3Minimum ₹5 lakh and maximum ₹1 crore
4Up to ₹10 lakh only

Correct answer

Not less than ₹10 lakh but which may extend to ₹25 crore or three times the amount of profits made out of insider trading, whichever is higher

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