SEBI issues release order for Nitin Kumar Garg (PAN: AIXPG1991K) in the matter of suspected insider trading activity in Nucleus Software Exports Limited scrip under Certificate No. 8963 of 2025.
Impact
Low
Severity
Medium
Justification
Release order indicates compliance with recovery proceedings; limited market impact as it pertains to individual defaulter case resolution
SEBI issues Notice of Demand under Recovery Certificate number 8963 of 2025 to Nitin Kumar Garg (PAN: AIXPG1991K) in connection with suspected insider trading activity in the scrip of Nucleus Software Exports Limited.
Impact
Low
Severity
High
Justification
High severity enforcement action against an individual for insider trading violations. Low market impact as it pertains to a specific individual rather than broader market participants or listed entity operations. Medium importance for compliance monitoring and enforcement tracking.
NSE circular listing 324 securities subject to Reversal Trade Cancellation Mechanism (RTCM) for November 2025, a surveillance measure to prevent price manipulation.
Impact
High
Severity
Medium
Justification
RTCM is a critical surveillance mechanism affecting 324 securities, enabling NSE to cancel erroneous or manipulative trades. High impact on trading operations and investor protection, though routine monthly update.