NSE & BSE-Prohibition of Insider Trading Regulation 2015

The Clause 4 of the Schedule B of PIT Regulations was amended, effective from April 01, 2019, to include thar the trading restriction period can be made applicable from the end of every quarter till 48 hours after the declaration of financial results. This amendment has to be read in conjunction with the existing provision of Clause 4 of the Schedule B (wherein compliance officer determines that a designated person or class of designated persons can reasonably be expected to have possession of unpublished price sensitive information). In any case, the trading restriction period is required to commence not later than end of every quarter till 48 hours after the declaration of financial results

csanshuman17

csanshuman17

Member of ICSI, with a wide experience in almost all types of Regulatory & Industry Specific Compliance.
csanshuman17
Share With

Member of ICSI, with a wide experience in almost all types of Regulatory & Industry Specific Compliance.

Leave a Reply

Your e-mail address will not be published. Required fields are marked *