SEBI bans former IndusInd Financial institution CEO Sumant Kathpalia, 4 others from securities market

SEBI bans former IndusInd Financial institution CEO Sumant Kathpalia, 4 others from securities market

Might 28, 2025 09:10 PM IST IndusInd Financial institution executives are accused of buying and selling in IndusInd Financial institution shares whereas in possession of unpublished price-sensitive data (UPSI) Markets regulator Sebi on Wednesday barred former Chief Govt Officer of IndusInd Financial institution, Sumant Kathpalia, and 4 others from accessing the securities markets, in reference…

Read More
Sumant Kathpalia, MD and CEO of crisis-hit IndusInd Financial institution resigns, ETCFO

Sumant Kathpalia, MD and CEO of crisis-hit IndusInd Financial institution resigns, ETCFO

Amid the continuing fiasco, the IndusInd Financial institution on Tuesday introduced the resignation of Sumant Kathpalia from the place of Managing Director (MD) and chief government officer (CEO) with impact from the shut of working hours on April 29, 2025. “We hereby inform that Mr. Sumant Kathpalia (DIN:01054434), Managing Director & CEO, Key Managerial Personnel…

Read More
IndusInd Financial institution denies studies on early exit of CEO and Deputy CEO, ETCFO

IndusInd Financial institution denies studies on early exit of CEO and Deputy CEO, ETCFO

Non-public Lender IndusInd Financial institution has refuted latest media studies claiming that its CEO and Deputy CEO are set to step down, calling the data “factually incorrect” and “completely inaccurate.” In an official assertion issued on Friday, the financial institution mentioned, “We want to make clear that the latest media studies relating to the tenure…

Read More