Infosys fines independent director Bobby Parikh for 'inadvertent trade' by spouse's portfolio
Shortpedia
Content Team
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Infosys on Friday said there had been an 'inadvertent trade' by the portfolio management services of Bela Parikh, spouse of firm's independent director Bobby Parikh. After which, a penalty of Rs 2 lakh has been imposed on Bobby Parikh. Detailing out the inadvertent trade by a designated person, Infosys said the portfolio management services of Bela Parikh had bought 2,754 shares without the knowledge of Bobby Parikh.
