Puravankara Reports Insider Trading Violation by DP's Relative
Puravankara Limited reported an insider trading violation by the wife of a designated person, Mrs. Sonika Agarwal. She sold 550 shares on Dec 23, 2025, violating the six-month holding period. Profits of ₹2,837 were disgorged to SEBI, and a ₹5,000 penalty was levied on the designated person, Mr. Raj Kumar Agarwal, both remitted on Jan 6, 2026.
The violation involves a relatively small number of shares and a small profit amount, with the company taking prompt corrective action. The impact on the company's overall business or stock price is expected to be minimal.
The announcement details a violation of insider trading regulations by a relative of a designated person, which is a negative event for the company's corporate governance.
Puravankara Limited has reported a violation of the Company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and Immediate Relatives. The violation pertains to the immediate relative of a designated person, Mrs. Sonika Agarwal (wife of Mr. Raj Kumar Agarwal), selling 550 equity shares of the company within six months of acquisition on December 23, 2025. The transaction value was ₹1,54,400. The company, in compliance with SEBI PIT Regulations, has issued a written warning to both Mrs. Sonika Agarwal and Mr. Raj Kumar Agarwal, directing them not to repeat such actions.
Furthermore, Mrs. Sonika Agarwal has been directed to disgorge profits amounting to ₹2,837, which have been remitted to the SEBI Investor Protection and Education Fund on January 6, 2026. Additionally, a penalty of ₹5,000 has been levied on the designated person, Mr. Raj Kumar Agarwal, husband of Mrs. Sonika Agarwal, and this penalty has also been remitted to the SEBI Investor Protection and Education Fund on January 6, 2026. The company has stated that the default was inadvertent and unintentional, and assurances have been given for future compliance.
What to do with a filing like this
Puravankara Limited filed this with the NSE as a statutory disclosure, categorised under insider trading. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Puravankara Limited. Read the original for the full detail.