Published by Global Banking & Finance Review®
Posted on March 7, 2025
1 min readLast updated: January 25, 2026
Add as preferred source on GoogleNestle India was warned by SEBI for an insider trading breach involving a designated person. The company reported no material impact on its operations.
(Reuters) - Nestle India said on Friday it received a warning from the country's markets regulator for a breach of insider trading regulations "by a designated person of the company."
The Indian arm of Swiss food giant Nestle said its compliance officer received an administrative warning letter from the Securities and Exchange Board of India (SEBI) on Thursday. But the firm stopped short of revealing the findings of the letter or the details of the person.
The company, which makes Maggi instant noodles, said there was no material impact on its financials, operations or other activities because of the incident.
Nestle India did not immediately respond to a Reuters' request for comment.
(Reporting by Praveen Paramasivam in Chennai; Editing by Sonia Cheema)
Nestle India received an administrative warning from the Securities and Exchange Board of India (SEBI) for a breach of insider trading regulations by a designated person of the company.
The company stated that there was no material impact on its financials, operations, or other activities due to the incident.
The warning was issued by the Securities and Exchange Board of India (SEBI), the country's market regulator.
Nestle India is known for making Maggi instant noodles, among other products.
Nestle India did not immediately respond to a request for comment from Reuters regarding the warning.
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