TIWN
Mumbai, Aug 15 (TIWN) The National Stock Exchange (NSE) last week shared compliance certificate on insider trading with companies, who have to give declaration as they have control over the sensitive information and they are are tracking it at their end.
Soon after this, NSE is tracking companies are following this compliance or not to stop insider trading. As per SEBI's regulations on insider trading prohibition, listed companies have to maintain a structured digital database (SDD) to store UPSI, which includes a range of information like financial numbers, business plan, decision to sell off a factory, merger, demerger, dividend etc that can move the stock price. The companies in the compliance certificate has to ensure that person's name along with PAN number or any other document has to be maintained with whom the information has been shared.
- SEBI Chairperson, husband deny involvement in Mahindra, ICICI Bank
- Allegations preposterous, irrational and absurd: Adani Group
- India's bio-economy projected to reach $300 billion by 2030: Dr Jitendra Singh
- EET appoints Ruth Herbert as MD of Business Development & Strategic Initiatives
- India’s defence export projected to grow at 18 pc by 2030: Report