April 27, 2021
Summary of the notification issued by SEBI on 26/04/2021
SEBI amends Insider Trading Regulations
Through this notification, SEBI has omitted the following provision relating to Initial Disclosure as the prescribed deadline has elapsed, rendering the provision obsolete:
Every promoter, member of the promoter group, key managerial personnel and director of every company whose securities are listed on any recognised stock exchange shall disclose his holding of securities of the company as on the date of these regulations taking effect, to the company within thirty days of these regulations taking effect;
This notification is available on our free to use website www.ca2013.com for your quick reference.