SC: Daily-Wage Status Cannot Deny Annual Increment After Regularisation || SC: Exam Marks Cannot Substitute Mandatory Qualification under Recruitment Rules || SC: Converting Civil Disputes Into Criminal Cases is a Widespread Practice || Kerala High Court Sets Aside KAAPA Preventive Detention Order Against BJP Councillor R Suguthan || Bombay High Court Punishes Two Lawyers for Contempt over Threats to Trial Judge || MP HC Plea Challenges Municipal Law Over Simhastha Kumbh Road Widening and Compensation || Calcutta High Court Orders DNA Tests to Ascertain Biological Identity in Alleged Baby-Swap Case || Bombay HC Confiscates Man's Phone for Filming Proceedings, Levies Rs. 10,000 Costs || Bombay HC: Accused Must Be Produced Before Court on Plea to Extend Investigation Period || Delhi High Court Directs Criminal Complaint Against Six CBI Officers for False Statement in Court

Amendment of Guidance Note on insider trading regulations- (Securities and Exchange Board of India) (12 Apr 2016)

MANU/SPRL/0076/2016

Capital Market

The Securities and Exchange Board of India issued amendments to its guidance note on the SEBI (Prohibition of Insider Trading) Regulations, 2015. Amendments are in light of recent changes by which dissenting shareholders were afforded an exit opportunity and the restriction of ‘contra-trade’ would not apply. With the latest amendment, the exit offer is also exempted from the restricton on contra trade under the Regulations.

Tags : SEBI INSIDER TRADING EXIT OPPRTUNITY

Share :