madhu's Insider Trades & SAST Disclosures

madhu's most recent trade in Mukand Ltd. was a Disposal of 20,462 Equity Shares done at an average price of Rs. 115.4 . Disclosure was reported to the exchange on June 20, 2025 under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

madhu's has made SAST transactions in Yash Trading & Finance Ltd. recently where a Acquisition of 1,620,000 shares done . Disclosure was reported to the exchange on July 10, 2025.

Stock Client Name Client Category Action* Reported To/By Exchange Quantity Post Transaction Holding Traded % Avg. Price Value Period Regulation (Insider/SAST) Security Type Mode
Yash Trading
Madhu Nanji Vekaria Other Acquisition 22 Jul 2025 1,620,000 1,620,000 (16.20%) 16.20% - 09 Jul 2025
09 Jul 2025
SAST (29(1)) - Pref. Allotment
Growington Ventures
Madhu Sethia Other Acquisition 16 Jul 2025 36,900,000 36,900,025 (5.75%) 5.75% - 27 Jun 2025
27 Jun 2025
SAST (29(1)) - Rights Issue
Industrial Investment
Pratik Madhukar Sheth Other Acquisition 08 Jul 2025 500,000 1,984,782 (10.12%) 2.55% - 20 Jun 2025
20 Jun 2025
SAST (29(2)) - Market
Systematix Corporate
Pratik Madhukar Sheth & PAC Other Acquisition 03 Jul 2025 7,187,189 9,351,819 (6.85%) 5.26% - 03 Jun 2025
03 Jun 2025
SAST (29(2)) - Transmission
Industrial Investment
Pratik Madhukar Sheth & PACs Other Acquisition 25 Jun 2025 500,000 1,482,532 (7.57%) 2.55% - 13 Jun 2025
13 Jun 2025
SAST (29(1)) - Market
Mukand
Late Madhur Bajaj Promoter Disposal 20 Jun 2025 20,462 0 (0%) 0.01% 115.4 2,360,292 13 Jun 2025
13 Jun 2025
Insider Trading Equity Shares Off Market
Bajaj Holdings
Late Madhur Bajaj Promoter & Director Disposal 19 Jun 2025 1,000 0 (0%) 0.00% 14074.3 14,074,300 13 Jun 2025
13 Jun 2025
Insider Trading Equity Shares Inheritance
Bajel Projects
Late Madhur Bajaj Promoter Disposal 19 Jun 2025 200,000 0 (0%) 0.17% 217.9 43,570,000 13 Jun 2025
13 Jun 2025
Insider Trading Equity Shares Off Market
Steel City Securities
Dr. PYLA MADHU Promoter Acquisition 19 Jun 2025 7,500 126,010 - - 12 Jun 2025
16 Jun 2025
SAST (Reg29(2)) Equity shares Open Market
Bajaj Electricals
Late Madhur Bajaj Promoter Disposal 18 Jun 2025 200,000 0 (0%) 0.17% 656.4 131,280,000 13 Jun 2025
13 Jun 2025
Insider Trading Equity Shares Off Market
Bajaj Finserv
Late Madhur Bajaj Promoter Disposal 18 Jun 2025 500,000 0 (0%) 0.03% 2010.9 1,005,450,000 13 Jun 2025
13 Jun 2025
Insider Trading Equity Shares Inheritance
Bajaj Finance
Late Madhur Bajaj Promoter Group Disposal 18 Jun 2025 2,000 0 (0%) 0.00% 9334.2 18,668,300 13 Jun 2025
13 Jun 2025
Insider Trading Equity Shares Inheritance
Indef Manufacturing
Late Madhur Bajaj Promoter Disposal 18 Jun 2025 1,000 0 (0%) 0.00% 448.3 448,250 13 Jun 2025
13 Jun 2025
Insider Trading Equity Shares Off Market
Steel City Securities
Dr. Pyla Madhu Promoter Acquisition 13 Jun 2025 13,076 118,510 - - 06 Jun 2025
10 Jun 2025
SAST (Reg29(2)) Equity shares Open Market
Infosys
Raja Madhusudan Shah Designated Person Disposal 13 Jun 2025 11 52,157 (0%) 0.00% 1587.5 17,463 12 Jun 2025
12 Jun 2025
Insider Trading Equity Shares ESOP
Infosys
Raja Madhusudan Shah Designated Person Acquisition 13 Jun 2025 1,830 52,168 (0%) 0.00% 1587.5 2,905,189 12 Jun 2025
12 Jun 2025
Insider Trading Equity Shares ESOP
Trans House Impex
RANJEET MADHUKARRAO PAWAR KMP Disposal 12 Jun 2025 9,101 200,000 (0.56%) 0.01% 20.0 181,838 11 Jun 2025
11 Jun 2025
Insider Trading Equity Shares Market Sale
Divi's Laboratories
Divi Madhusudana Rao Promoter Group Disposal 27 May 2025 10,000 178,090 (0.07%) 0.00% 6642.5 66,425,100 22 May 2025
26 May 2025
Insider Trading Equity Shares Market Sale
Shree Karni Fabcom
Mrs. Madhu Amit Rathi Promoter Acquisition 22 May 2025 450 1,050 - - 06 May 2025
06 May 2025
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
Dr. Pyla Madhu Promoter Acquisition 22 May 2025 2,400 104,434 - - 16 May 2025
16 May 2025
SAST (Reg29(2)) Equity shares Open Market
Shree Karni Fabcom
MADHU AMIT RATHI Promoter Group Buy 17 May 2025 450 1,050 - 520 234,000 06 May 2025
06 May 2025
Insider Trading (-) Equity Shares Market Purchase
Steel City Securities
Dr Plya Madhu Promoter Acquisition 15 May 2025 6,700 102,034 - - 12 May 2025
13 May 2025
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
Dr. Pyla Madhu Promoter Acquisition 12 May 2025 2,332 95,334 - - 09 May 2025
09 May 2025
SAST (Reg29(2)) Equity shares Open Market
Infosys
Raja Madhusudan Shah Designated Person Acquisition 06 May 2025 10,507 50,404 (0%) 0.00% 1499.4 15,753,771 02 May 2025
02 May 2025
Insider Trading Equity Shares ESOP
Infosys
Raja Madhusudan Shah Designated Person Disposal 06 May 2025 66 50,338 (0%) 0.00% 1499.4 98,958 02 May 2025
02 May 2025
Insider Trading Equity Shares ESOP
Infosys
Raja Madhusudan Shah Designated Person Acquisition 06 May 2025 10,507 50,404 (0%) 0.00% 1499.4 15,753,771 02 May 2025
02 May 2025
Insider Trading Equity Shares ESOP
Infosys
Raja Madhusudan Shah Designated Person Disposal 06 May 2025 66 50,338 (0%) 0.00% 1499.4 98,958 02 May 2025
02 May 2025
Insider Trading Equity Shares ESOP
Cospower Engineering
Satvik Gunda & Madhusudhan Gunda Other Acquisition 28 Apr 2025 102,500 174,500 (10.49%) 6.12% - 04 Apr 2025
04 Apr 2025
SAST (29(1)) - Pref. Allotment
Windsor Machines
Madhusudan Murlidhar Kela & PACs Other Acquisition 16 Apr 2025 6,515,506 15,677,419 (18.56%) 7.71% - 17 Mar 2025
17 Mar 2025
SAST (29(1)) - Pref. Allotment
Choice International
Madhusudan Murlidhar Kela & PACs Other Disposal 16 Apr 2025 5,723,568 18,455,000 (9.24%) 2.87% - 17 Sep 2024
21 Mar 2025
SAST (29(2)) - Market
Madhusudan Masala
Madhusudan Auto-Biz Private Limited along with PACs Promoter Acquisition 07 Apr 2025 4,000 229,000 - - 03 Jan 2025
03 Jan 2025
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
Dr. Pyla Madhu Promoter Acquisition 07 Apr 2025 8,500 88,502 - - 24 Mar 2025
26 Mar 2025
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
Dr. Pyla Madhu Promoter Acquisition 07 Apr 2025 4,500 93,002 - - 27 Mar 2025
28 Mar 2025
SAST (Reg29(2)) Equity shares Open Market
Madhusudan Masala
Madhusudan Auto-Biz Private Limited Promoter Group Buy 07 Jan 2025 4,000 229,000 - 221 884,000 03 Jan 2025
03 Jan 2025
Insider Trading (-) Equity Shares Market Purchase
Ravindra Energy
Mr. Narendra Madhusudan Murkumbi Promoter Pledge 20 Mar 2025 2,000,000 9,000,000 - - 11 Mar 2025
11 Mar 2025
SAST (Reg31) - Creation
Coforge
Madhusudan Hegde Designated Person Acquisition 18 Mar 2025 909 4,909 (0.01%) 0.00% 7292.2 6,628,655 13 Mar 2025
13 Mar 2025
Insider Trading Equity Shares ESOP
Steel City Securities
Dr. Pyla Madhu Promoter Acquisition 18 Mar 2025 1,502 80,002 - - 13 Mar 2025
17 Mar 2025
SAST (Reg29(2)) Equity shares Open Market
Ravindra Energy
NARENDRA MADHUSUDAN MURKUMBI Promoter Pledge 13 Mar 2025 2,000,000 41,534,310 (23.26%) 1.12% 111.4 222,700,000 11 Mar 2025
11 Mar 2025
Insider Trading Equity Shares Creation Of Pledge
Steel City Securities
Dr. Pyla madhu Promoter Acquisition 10 Mar 2025 3,000 78,500 - - 04 Mar 2025
04 Mar 2025
SAST (Reg29(2)) Equity shares Open Market
Madhusudan Masala
Madhusudan Auto-Biz Private Limited Promoter Group Buy 03 Mar 2025 10,000 254,000 - 156 1,560,000 27 Feb 2025
27 Feb 2025
Insider Trading (-) Equity Shares Market Purchase
Madhusudan Masala
Madhusudan Auto-Biz Private Limited along with PACs Promoter Acquisition 03 Mar 2025 10,000 254,000 - - 27 Feb 2025
27 Feb 2025
SAST (Reg29(2)) Equity shares Open Market
Madhusudan Masala
Madhusudan Auto-Biz Private Limited along with PACs Promoter Acquisition 28 Feb 2025 5,000 11,360,000 - - 21 Feb 2025
21 Feb 2025
SAST (Reg29(2)) Equity shares Open Market
Madhusudan Masala
Madhusudan Auto-Biz Private Limited Promoter Acquisition 24 Feb 2025 10,000 239,000 - - 20 Feb 2025
20 Feb 2025
SAST (Reg29(2)) Equity shares Open Market
Madhusudan Masala
Madhusudan Auto-Biz Private Limited Promoter Group Buy 24 Feb 2025 10,000 239,000 - 150.3 1,503,000 20 Feb 2025
20 Feb 2025
Insider Trading (-) Equity Shares Market Purchase
Madhusudan Masala
Madhusudan Auto-Biz Private Limited Promoter Group Buy 24 Feb 2025 5,000 244,000 - 159.4 796,900 21 Feb 2025
21 Feb 2025
Insider Trading (-) Equity Shares Market Purchase
Indoco Remedies
Madhura Suresh Kare Promoter Acquisition 21 Feb 2025 10,000 5,239,650 (5.68%) 0.01% - 14 Feb 2025
14 Feb 2025
SAST (29(2)) - Market
Indoco Remedies
Madhura Suresh Kare Promoter Acquisition 21 Feb 2025 9,500 5,229,650 (5.67%) 0.01% - 11 Feb 2025
11 Feb 2025
SAST (29(2)) - Market
Indoco Remedies
MADHURA SURESH KARE Promoter Acquisition 17 Feb 2025 10,000 5,239,650 (5.68%) 0.01% 249.3 2,492,500 14 Feb 2025
14 Feb 2025
Insider Trading Equity Shares Market Purchase
Infosys
Raja Madhusudan Shah Designated Person Acquisition 15 Feb 2025 4,292 39,918 (0%) 0.00% 1888.9 8,107,170 14 Feb 2025
14 Feb 2025
Insider Trading Equity Shares ESOP
Infosys
Raja Madhusudan Shah Designated Person Disposal 15 Feb 2025 21 39,897 (0%) 0.00% 1888.9 39,667 14 Feb 2025
14 Feb 2025
Insider Trading Equity Shares ESOP
Indoco Remedies
MADHURA SURESH KARE Promoter Acquisition 11 Feb 2025 9,500 5,229,650 (5.67%) 0.01% 259.9 2,468,575 11 Feb 2025
11 Feb 2025
Insider Trading Equity Shares Market Purchase
Infosys
Bhairavi Madhusudhan Shibulal Promoter Acquisition 28 Jan 2025 8,330 5,427,875 (0.13%) - - 24 Jan 2025
24 Jan 2025
SAST (29(2)) - Off Market
Indoco Remedies
MADHURA SURESH KARE Promoter Acquisition 27 Jan 2025 9,250 5,220,150 (5.66%) 0.01% 268.6 2,484,735 27 Jan 2025
27 Jan 2025
Insider Trading Equity Shares Market Purchase
Indoco Remedies
MADHURA SURESH KARE Promoter Acquisition 24 Jan 2025 1,900 5,210,900 (5.65%) 0.00% 287.6 546,383 24 Jan 2025
24 Jan 2025
Insider Trading Equity Shares Market Purchase
Medplus Health
Madhukar Reddy Gangadi Promoter Pledge 20 Jan 2025 1,917,987 15,350,400 - - 30 Dec 2024
30 Dec 2024
SAST (Reg31) - Creation
Ravindra Energy
Narendra Madhusudan Murkumbi Promoter Pledge 20 Jan 2025 7,000,000 7,000,000 - - 27 Dec 2024
27 Dec 2024
SAST (Reg31) - Creation
Marg Techno Projects
Madhubhai Nanjibhai Vekaria Other Acquisition 06 Jan 2025 1,650,000 1,650,000 (16.50%) 16.50% - 22 Dec 2024
22 Dec 2024
SAST (29(1)) - Pref. Allotment
Marg Techno Projects
Madhubhai Nanjibhai Vekaria Other Acquisition 06 Jan 2025 1,650,000 1,650,000 (16.50%) 16.50% - 22 Dec 2024
22 Dec 2024
SAST (29(1)) - Pref. Allotment
Medplus Health
MADHUKAR REDDY GANGADI Promoter Pledge 03 Jan 2025 1,917,987 15,350,400 (12.84%) 1.60% 847.2 1,624,918,586 30 Dec 2024
31 Dec 2024
Insider Trading Equity Shares Creation Of Pledge
Ravindra Energy
NARENDRA MADHUSUDAN MURKUMBI Promoter Pledge 02 Jan 2025 7,000,000 41,534,310 (23.26%) 3.92% 123.5 864,150,000 27 Dec 2024
27 Dec 2024
Insider Trading Equity Shares Creation Of Pledge
Madhusudan Masala
Madhusudan Auto-Biz Private Limited Promoter Group Buy 30 Dec 2024 53,000 219,000 - 219.5 11,635,996 27 Dec 2024
27 Dec 2024
Insider Trading (-) Equity Shares Market Purchase
Madhusudan Masala
Madhusudan Auto-Biz Private Limited Promoter Group Buy 30 Dec 2024 23,000 166,000 - 208.9 4,804,649 26 Dec 2024
26 Dec 2024
Insider Trading (-) Equity Shares Market Purchase
Medplus Health
MADHUKAR REDDY GANGADI Promoter Pledge 24 Dec 2024 13,432,413 15,350,400 (12.84%) 11.22% 865.8 11,629,111,555 20 Dec 2024
23 Dec 2024
Insider Trading Equity Shares Creation Of Pledge
Penta Gold
Mr. Ketan Madhusudan Shroff Promoter Pledge 24 Dec 2024 1,000,000 1,000,000 - - 04 Mar 2021
04 Mar 2021
SAST (Reg31) - Creation
Penta Gold
Mr. Ketan Madhusudan Shroff Promoter Pledge 24 Dec 2024 1,000,000 2,000,000 - - 22 Mar 2021
22 Mar 2021
SAST (Reg31) - Creation
Niraj Ispat
Madhu Chaudhry Promoter Acquisition 24 Dec 2024 35,700 149,600 - - 29 Dec 2020
29 Dec 2020
SAST (Reg29(2)) Equity shares Others
Niraj Ispat
Madhu Chaudhry Promoter Acquisition 24 Dec 2024 35,700 149,600 - - 29 Dec 2020
29 Dec 2020
SAST (Reg29(2)) Equity shares Others
Niraj Ispat
Madhu Chaudhry Promoter Acquisition 24 Dec 2024 35,700 149,600 - - 29 Dec 2020
29 Dec 2020
SAST (Reg29(2)) Equity shares Others
Niraj Ispat
Madhu Chaudhry Promoter Acquisition 24 Dec 2024 35,700 149,600 - - 29 Dec 2020
29 Dec 2020
SAST (Reg29(2)) Equity shares Others
Niraj Ispat
Madhu Chaudhry Promoter Acquisition 24 Dec 2024 35,700 149,600 - - 29 Dec 2020
29 Dec 2020
SAST (Reg29(2)) Equity shares Others
Niraj Ispat
Madhu Chaudhry Promoter Acquisition 24 Dec 2024 35,700 149,600 - - 29 Dec 2020
29 Dec 2020
SAST (Reg29(2)) Equity shares Others
Niraj Ispat
Madhu Chaudhry Promoter Acquisition 24 Dec 2024 35,700 149,600 - - 29 Dec 2020
29 Dec 2020
SAST (Reg29(2)) Equity shares Others
Niraj Ispat
Madhu Chaudhry Promoter Acquisition 24 Dec 2024 35,700 149,600 - - 29 Dec 2020
29 Dec 2020
SAST (Reg29(2)) Equity shares Others
Steel City Securities
PYLA MADHU Promoter Acquisition 24 Dec 2024 1,300 51,300 - - 05 Mar 2021
05 Mar 2021
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
PYLA MADHU Promoter Acquisition 24 Dec 2024 1,300 51,300 - - 05 Mar 2021
05 Mar 2021
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
PYLA MADHU Promoter Acquisition 24 Dec 2024 1,300 51,300 - - 05 Mar 2021
05 Mar 2021
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
PYLA MADHU Promoter Acquisition 24 Dec 2024 1,300 51,300 - - 05 Mar 2021
05 Mar 2021
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
PYLA MADHU Promoter Acquisition 24 Dec 2024 1,300 51,300 - - 05 Mar 2021
05 Mar 2021
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
PYLA MADHU Promoter Acquisition 24 Dec 2024 1,300 51,300 - - 05 Mar 2021
05 Mar 2021
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
PYLA MADHU Promoter Acquisition 24 Dec 2024 1,300 51,300 - - 05 Mar 2021
05 Mar 2021
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
PYLA MADHU Promoter Acquisition 24 Dec 2024 1,300 51,300 - - 05 Mar 2021
05 Mar 2021
SAST (Reg29(2)) Equity shares Open Market
Steel City Securities
PYLA MADHU Promoter Group Buy 04 Mar 2021 50,000 50,000 - 38.9 1,942,513 03 Mar 2021
04 Mar 2021
Insider Trading (-) Equity Shares Market Purchase
Steel City Securities
PYLA MADHU Promoter Group Buy 06 Mar 2021 1,300 51,300 - 38.7 50,297 05 Mar 2021
05 Mar 2021
Insider Trading (-) Equity Shares Market Purchase
Penta Gold
Mr. Ketan Madhusudan Shroff Promoter Pledge 24 Dec 2024 2,000,000 4,000,000 - - 10 May 2021
10 May 2021
SAST (Reg31) - Creation
Penta Gold
Mr. Ketan Madhusudan Shroff Promoter Pledge 24 Dec 2024 600,000 4,600,000 - - 16 Jun 2021
16 Jun 2021
SAST (Reg31) - Creation
V-Marc
MADHU SRIVASTAVA Immediate relative Buy 15 Apr 2021 24,000 25,000 - 44.2 1,061,147 09 Apr 2021
13 Apr 2021
Insider Trading (-) Equity Shares Market Purchase
Tera Software
Tummala Madhu mitra Promoter Pledge 24 Dec 2024 800,000 809,200 - - 17 Sep 2021
17 Sep 2021
SAST (Reg31) - Creation
Filatex
Madhu Sudhan Bhageria Promoter Pledge 24 Dec 2024 16,246,500 0 - - 01 Nov 2021
04 Nov 2021
SAST (Reg31) - Release
Godha Cabcon & Insulation
Madhu Godha Promoter Sale 24 Dec 2024 380,403 7,478,057 - - 18 Jan 2022
18 Jan 2022
SAST (Reg29(2)) Equity shares Open Market
Godha Cabcon & Insulation
Madhu Godha Promoter Sale 24 Dec 2024 380,403 7,478,057 - - 18 Jan 2022
18 Jan 2022
SAST (Reg29(2)) Equity shares Open Market
Godha Cabcon & Insulation
Madhu Godha Promoter Sale 24 Dec 2024 380,403 7,478,057 - - 18 Jan 2022
18 Jan 2022
SAST (Reg29(2)) Equity shares Open Market
Godha Cabcon & Insulation
Madhu Godha Promoter Sale 24 Dec 2024 380,403 7,478,057 - - 18 Jan 2022
18 Jan 2022
SAST (Reg29(2)) Equity shares Open Market
Godha Cabcon & Insulation
Madhu Godha Promoter Sale 24 Dec 2024 380,403 7,478,057 - - 18 Jan 2022
18 Jan 2022
SAST (Reg29(2)) Equity shares Open Market
Godha Cabcon & Insulation
Madhu Godha Promoter Sale 24 Dec 2024 380,403 7,478,057 - - 18 Jan 2022
18 Jan 2022
SAST (Reg29(2)) Equity shares Open Market
Godha Cabcon & Insulation
Madhu Godha Promoter Sale 24 Dec 2024 380,403 7,478,057 - - 18 Jan 2022
18 Jan 2022
SAST (Reg29(2)) Equity shares Open Market
Godha Cabcon & Insulation
Madhu Godha Promoter Sale 24 Dec 2024 380,403 7,478,057 - - 18 Jan 2022
18 Jan 2022
SAST (Reg29(2)) Equity shares Open Market
Godha Cabcon & Insulation
Madhu Godha Promoters Sell 08 Dec 2021 20,000 7,838,460 - 57.0 1,139,864 07 Dec 2021
07 Dec 2021
Insider Trading (-) Equity Shares Market Sale
Godha Cabcon & Insulation
Madhu Godha Promoters Sell 10 Dec 2021 9,478 7,818,294 - 61.9 586,902 09 Dec 2021
09 Dec 2021
Insider Trading (-) Equity Shares Market Sale
Godha Cabcon & Insulation
Madhu Godha Promoters Sell 10 Dec 2021 10,688 7,827,772 - 59.4 635,250 08 Dec 2021
08 Dec 2021
Insider Trading (-) Equity Shares Market Sale
Godha Cabcon & Insulation
Madhu Godha Promoters Sell 15 Dec 2021 6,990 7,818,135 - 71.3 498,573 14 Dec 2021
14 Dec 2021
Insider Trading (-) Equity Shares Market Sale
Godha Cabcon & Insulation
Madhu Godha Promoters Sell 15 Dec 2021 2,647 7,825,125 - 68.0 180,064 13 Dec 2021
13 Dec 2021
Insider Trading (-) Equity Shares Market Sale
*Actions covered:
Acquisition (Buy): Purchase of shares
Disposal (Sell): Sale of shares
Pledge: Shares being used by promoters as collateral for loans. Usually a negative signal.
Revoke: When shares are released from a pledge. Usually a positive signal. 
Invoke: When pledged shares are invoked by companies/banks who have provided the collateral, which may result in acquisition of stake in the company. Usually a negative signal. 
Client Category: Promoter/ KMP/ Director / Immediate Relatives / Employee / etc  
Security Type: Share/ Warrants / Convertible Debentures
Kind of transaction Mode: Public rights/ preferential offer / off market / inter-se transfer/ Market Sale
Data as reported to BSE and NSE
Insider trading data is from Disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015.
View All The Insider Trades & SAST