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SEBI fines Rashmi Saluja 40 lakh for alleged insider trading linked to Burman open offer
Business
Published on 14 May 2026
The trades happened while secret open offer details
SEBI has penalised former Religare Enterprises chairperson Rashmi Saluja with a ₹40 lakh fine for alleged insider trading. The regulator said she traded Religare shares while in possession of unpublished price-sensitive information related to the Burman Group’s open offer. SEBI has also ordered Saluja to disgorge ₹1.9 crore in unlawful gains, along with interest.
- SEBI fined Rashmi Saluja ₹40 lakh for insider trading
- Alleged trades occurred with unpublished price-sensitive info
- Case linked to Burman Group’s open offer
- Ordered return of ₹1.9 crore gains plus interest
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times