India’s market regulator Securities and Alternate Board of India (SEBI) issued an order late on Oct. 15 towards two officers of the nation’s federal energy regulator and officers of GNA Power, alleging that they traded on price-sensitive info in shares and derivatives of Indian Power Alternate (IEX).
The Central Electrical energy Regulatory Fee (CERC) mentioned it was performing on findings from a SEBI interim order that mentioned GNA Power’s high executives had entry to confidential CERC paperwork earlier than a July 2025 order on market coupling was made public.
CERC mentioned the corporate could have violated provisions of energy market laws and appointed two senior officers to conduct the investigation and submit a report inside 21 days.
The order doesn’t revoke GNA Power’s registration however warns that violations may result in suspension or cancellation of its licence
