RIL insider-trading case: SAT to give verdict on Jun 30

A full bench of the Securities Appellate Tribunal (SAT), headed by presiding officer J. P. Devdhar, on Thursday, concluded the hearing on the nearly four-year-long insider trading case against Reliance Industries, and said it would pronounce the order on June 30. Reliance has been fighting against market watchdog SEBI in the alleged insider-trading case since December, 2010, and since last year the regulator’s exclusion of the company from the new consent mechanism. — PTI