QuantLase’s ex-CEO settles insider trading case with Sebi

Ajay Bhatia, ex-CEO of QuantLase Lab LLC, settled an insider trading case with Sebi by paying ₹1 crore. The settlement includes a six-month market debarment and returning ₹55.3 lakhs with interest. The case involved Adani Green Energy’s share issuance to IHC, where Bhatia allegedly received unpublished price-sensitive information.