From FY20 to FY25, SEBI received just 5 insider-trading tips from informants. In FY26 alone, it received 25, according to SEBI’s FY26 Annual Report. That deserves the attention of every Audit Committee and Compliance Officer. Across 28+ years of corporate and advisory experience, I have seen how insider-trading risks can arise from within an organisation — deal teams, executive assistants, and even relatives of Key Managerial Personnel. The mechanism isn’t new. SEBI introduce