SEBI bars 8 entities for insider trading in IEX shares; impounds Rs 173.14 crore

"I am of the prima facie opinion that the noticees (eight entities) had access to the UPSI pertaining to the CERC order, and based on the trading pattern of the noticees, an irresistible inference can be drawn that their trades, being insiders, were influenced by the possession of UPSI," Sebi Whole-Time Member Kamlesh Varshney said in his 45-page interim order.