Dynamic Cables reports insider trading violation by designated person
- 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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?
































