Sebi Warns Nestle India Over Insider Trading Violations

Nestle India has received an administrative warning from the Securities and Exchange Board of India (SEBI) for violating insider trading regulations, specifically related to a contra-trade executed by a designated person within the company. The warning letter, received on March 6, 2025, indicates that the violation falls under the SEBI (Prohibition of Insider Trading) Regulations, 2015, which prohibit such trades to prevent the misuse of non-public information. Despite the warning, Nestle India stated that there is no material impact on its financials, operations, or activities as a result of the incident. The company's shares saw a slight increase following the news, highlighting investor confidence amid the regulatory scrutiny. Nestle India, known for its popular brands like Maggi and Nescafé, continues to operate as a significant player in the Indian market. The company has not provided further details regarding the individual involved in the breach.