Sebi expands scope of unpublished price sensitive information
Sebi expands the scope of Unpublished Price Sensitive Information (UPSI) to include proposed fundraising activities, restructuring plans, and one-time bank settlements. Effective from June 10, Sebi’s amended insider trading regulations aim to enhance regulatory clarity and compliance. New rules categorize various activities, including fraud or defaults, forensic audits, and regulatory actions, under UPSI to minimize litigation and appeals.
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