POWER FINANCE CORPORATION LTD. - 532810 - Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
Contra Transactions done by Immediate Relative of Designated Person Sh. Amit Goel, General Manager (Lending Policy), during period of closure of Trading Window. The matter was taken up in the meeting of Board of Directors held on 27.05.2023 wherein the Board directed to issue an advisory to Designated Person Shri Amit Goel, General Manager (Lending policy) to be cautious in future and ensure complete compliance of the said Code. The Board of Directors also directed to remit the amount of profits of Rs. 6,786/- earned out of the abovesaid trading, in the IEPF Account of SEBI after collecting the amount from the account of his immediate relative. The said Advisory issued to Designated Person Shri Amit Goel, General Manager (Lending policy) is enclosed at Annexure-II. In this regard, the disclosure as prescribed vide SEBI Circular dated 23.07.2020 is enclosed herewith as Annexure-III.02-06-2023