Dynamic Cables reports insider trading violation by designated person

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Dynamic Cables reported a Code of Conduct violation by designated person Manoj Chaturvedi
  • Violation involved contra trades executed between August and September 2026
  • Company issued a warning letter; no monetary penalty collected
  • No previous violations recorded since the last financial year
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Dynamic Cables Limited reported a violation of its Code of Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015. The breach involved contra trades executed by Mr. Manoj Chaturvedi, Assistant Vice President (Design), between August and September 2026.

The company filed the report with BSE and NSE on September 28, 2026. The violation stemmed from entering into reverse transactions within a six-month period, which is prohibited for designated persons under the regulatory framework.

Details of Violation

Mr. Chaturvedi, who is not part of the promoter group, executed three trades in the company's scrip during the specified period. The total value of these trades was less than ₹10 lakh in the calendar quarter, meaning no separate intimation was required under Regulation 7 prior to the violation being identified.

Date Trade Type No. of Shares Price (₹)
August 12, 2026 Buy 100 462.7
August 27, 2026 Sell 50 455
September 11, 2026 Sell 50 455.55

Action Taken

The company issued a warning letter to Mr. Chaturvedi instructing him to strictly adhere to the provisions of the SEBI (PIT) Regulations, 2015 and the company's Code of Conduct. This action was taken to prevent any subsequent violations. No previous instances of violation were recorded since the last financial year.

No monetary penalty was collected from the designated person for this specific code of conduct violation. The report was signed by Naina Gupta, Company Secretary and Compliance Officer.

Historical Stock Returns for Dynamic Cables

1 Day5 Days1 Month6 Months1 Year5 Years
-4.77%-4.86%+1.61%+65.65%+6.32%+537.12%

Will SEBI initiate an independent investigation into Dynamic Cables Limited's internal compliance controls following this reported breach?

How might this insider trading violation impact institutional investor confidence and the company's ESG governance scores?

Is there a risk of regulatory scrutiny expanding to other designated persons within the company to ensure systemic compliance?

Dynamic Cables Head of HR Aditi Mangal resigns effective Sept 23

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Aditi Mangal, Head of HR & Corporate Communication, resigned from Dynamic Cables
  • Cessation effective from close of business hours on September 23, 2026
  • Resignation attributed to personal reasons per company disclosure
  • Role designated as Senior Management Personnel (SMP) under SEBI regulations
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Dynamic Cables Limited announced the resignation of Aditi Mangal, Head of Human Resource & Corporate Communication and Senior Management Personnel (SMP). The cessation is effective from the close of business hours on September 23, 2026.

The company disclosed the development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mangal cited personal reasons for her departure in the resignation letter addressed to the management.

Disclosure details

The filing confirms that the resignation was accepted by the company on the same day it was tendered. The following details were provided in the regulatory disclosure:

Particular Details
Name Aditi Mangal
Designation Head of Human Resource & Corporate Communication
Category Senior Management Personnel (SMP)
Reason Personal reasons
Effective Date September 23, 2026

The company stated that the information has been made available on its official website. The disclosure includes an annexure detailing the cessation specifics as required by SEBI master circulars.

Historical Stock Returns for Dynamic Cables

1 Day5 Days1 Month6 Months1 Year5 Years
-4.77%-4.86%+1.61%+65.65%+6.32%+537.12%

Who has been appointed as the interim or permanent successor to lead Human Resources and Corporate Communications at Dynamic Cables Limited?

How might this leadership transition in HR and Corporate Communications impact Dynamic Cables' ongoing employee engagement initiatives and public relations strategy?

Are there any pending regulatory filings or corporate governance updates expected from Dynamic Cables following this change in Senior Management Personnel?

More News on Dynamic Cables

1 Year Returns:+6.32%