No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, July 7, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

ICICI Lombard alerts exchanges after employee shares draft Q3 results on WhatsApp

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 2 mins read
A A
ICICI Lombard alerts exchanges after employee shares draft Q3 results on WhatsApp
Share on FacebookShare on TwitterShare on LInkedIn


ICICI Lombard General Insurance disclosed a corporate governance lapse after draft, unaudited December-quarter financial information was inadvertently shared on a senior employee’s personal WhatsApp status, prompting the insurer to inform stock exchanges as a precaution.

ICICI Lombard said in a regulatory filing that a “designated person” accidentally posted certain information relating to the unaudited draft financial results for the quarter and nine months ended December 2025 on their personal WhatsApp status at about 5:44 pm on January 9. The post was taken down within an hour after the lapse was identified, the company added.

The insurer stated that the figures shared were in draft form and remain subject to change as the audit process for the period is still ongoing. “Though this information is in draft form and subject to changes during the ongoing audit, as a precautionary measure and in compliance with good corporate governance practices, the Company is reporting this incident to the Stock Exchanges,” ICICI Lombard said in a statement.

Cautioning investors, ICICI Lombard said that reliance on any information related to its financial results should not be made unless it is formally disclosed following approval by the board of directors. However, it did not disclose the nature or quantum of the draft figures that were shared, nor did it indicate whether the information was viewed by others before being deleted.

In recent days, such disclosures have sparked concerns about internal controls and the safeguarding of unpublished price-sensitive information (UPSI) amid the widespread use of informal messaging platforms.

Live Events

The incident follows a similar disclosure by Hatsun Agro Product earlier this month. The dairy products maker had informed stock exchanges that draft, unaudited financial information for the December quarter was inadvertently shared by one of its key managerial personnel on a personal WhatsApp status.According to Hatsun Agro’s regulatory filing, the executive had uploaded a “first-cut draft” of the company’s unaudited financial statements for the quarter ended December 2025 around 5 pm on January 4. The company said the draft numbers were meant for internal circulation within the accounts department but were accidentally posted publicly on WhatsApp status.Hatsun Agro disclosed that the status update was viewed by about 19 people from the executive’s contact list, including a few insiders, before it was taken down within an hour. The company stressed that the figures shared were subject to change as the limited review process was still in progress.

Under securities regulations, companies are required to ensure that unpublished price-sensitive information is disseminated fairly and uniformly, typically through stock exchange filings. Any selective or inadvertent disclosure, even if unintentional, can attract scrutiny from regulators.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)



Source link

Tags: AlertsdraftemployeeexchangesICICILombardresultssharesWhatsApp
ShareTweetShare
Previous Post

Ashwini Vaishnaw likely to attend US critical minerals meet amid China’s supply-chain weaponisation

Next Post

The art of building wealth quietly: 8 money moves rich people make that broke people never consider

Related Posts

edit post
SpaceX’s biggest bull sees valuation soaring above  trillion

SpaceX’s biggest bull sees valuation soaring above $10 trillion

by TheAdviserMagazine
July 7, 2026
0

New York: SpaceX has no shortage of fans on Wall Street, but one analyst stands out among the rest as...

edit post
Bank of America warns America now has 2 economies

Bank of America warns America now has 2 economies

by TheAdviserMagazine
July 7, 2026
0

Investors expected a much simpler economy by now. Inflation was expected to keep easing, consumers were expected to bend under...

edit post
US stocks today: S&P 500, Nasdaq end lower as AI worries hit chipmakers

US stocks today: S&P 500, Nasdaq end lower as AI worries hit chipmakers

by TheAdviserMagazine
July 7, 2026
0

The S&P 500 ended lower on Tuesday, weighed down by losses in Micron Technology and other chipmakers due to mounting...

edit post
Nearly 1 million investors in Trump’s memecoin lost a collective .8 billion as he cashed in

Nearly 1 million investors in Trump’s memecoin lost a collective $3.8 billion as he cashed in

by TheAdviserMagazine
July 7, 2026
0

President Donald Trump has raked in hundreds of millions of dollars from his signature cryptocurrency while his supporters have largely...

edit post
Presidents aren’t supposed to pick winners, per White House ethics lawyer. Trump keeps choosing Dell

Presidents aren’t supposed to pick winners, per White House ethics lawyer. Trump keeps choosing Dell

by TheAdviserMagazine
July 7, 2026
0

When President Donald Trump rang the opening bell of the stock market from the Oval Office on Monday surrounded by...

edit post
Recanati family buys control of Maccabi Tel Aviv basketball team

Recanati family buys control of Maccabi Tel Aviv basketball team

by TheAdviserMagazine
July 7, 2026
0

The Recanati family has paid $50 million to increase its stake from 29% to 58%. The Recanati...

Next Post
edit post
The art of building wealth quietly: 8 money moves rich people make that broke people never consider

The art of building wealth quietly: 8 money moves rich people make that broke people never consider

edit post
Coinbase Outlines Bullish Markets Outlook as Global Liquidity and Scale Accelerate

Coinbase Outlines Bullish Markets Outlook as Global Liquidity and Scale Accelerate

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Florida Roads Become a Battleground for Illegal Immigration

Florida Roads Become a Battleground for Illegal Immigration

June 9, 2026
edit post
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple ,000 A Year

Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year

June 27, 2026
edit post
Financial services AI dangers highlighted by regulator’s review

Financial services AI dangers highlighted by regulator’s review

0
edit post
25 Ways to Save Money on Groceries

25 Ways to Save Money on Groceries

0
edit post
The Company We Wish Existed

The Company We Wish Existed

0
edit post
Penguin Solutions Releases Q3 2026 Financial Results

Penguin Solutions Releases Q3 2026 Financial Results

0
edit post
SpaceX’s biggest bull sees valuation soaring above  trillion

SpaceX’s biggest bull sees valuation soaring above $10 trillion

0
edit post
Chainlink CCIP Integration Gives WEMIX A Safer Route For Cross-Chain Gaming Assets

Chainlink CCIP Integration Gives WEMIX A Safer Route For Cross-Chain Gaming Assets

0
edit post
SpaceX’s biggest bull sees valuation soaring above  trillion

SpaceX’s biggest bull sees valuation soaring above $10 trillion

July 7, 2026
edit post
68% of clients would switch advisors for one who offers estate planning

68% of clients would switch advisors for one who offers estate planning

July 7, 2026
edit post
Kalshi traders give low odds the U.S. takes a stake in OpenAI in 2026

Kalshi traders give low odds the U.S. takes a stake in OpenAI in 2026

July 7, 2026
edit post
The “Widow Penalty” Budget: Why Expenses Don’t Always Drop After One Spouse Dies

The “Widow Penalty” Budget: Why Expenses Don’t Always Drop After One Spouse Dies

July 7, 2026
edit post
Someone Stole M From BonkDAO Without Hacking Anything

Someone Stole $21M From BonkDAO Without Hacking Anything

July 7, 2026
edit post
Student Loan Forgiveness Scams Are Costing Borrowers Thousands

Student Loan Forgiveness Scams Are Costing Borrowers Thousands

July 7, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • SpaceX’s biggest bull sees valuation soaring above $10 trillion
  • 68% of clients would switch advisors for one who offers estate planning
  • Kalshi traders give low odds the U.S. takes a stake in OpenAI in 2026
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.