Write short notes on the following: Unpublished price sensitive information

CS Executive · Capital Market and Securities Laws · PYQS · December 2025
Write short notes on the following: Unpublished price sensitive information

Answer & Explanation:

Regulation 2(1)(n) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, defines the term unpublished price sensitive information which means any information, relating to a company or its securities, directly or indirectly, that is not generally available which upon becoming generally available, is likely to materially affect the price of the securities and shall, ordinarily including but not restricted to, information relating to the following: financial results; dividends; changes in capital structure; mergers, de-mergers, acquisitions, delistings, disposals and expansion of business, award or termination of order/contracts not in the normal course of business and such other transactions; changes in key managerial personnel, other than due to superannuation or end of term, and resignation of a Statutory Auditor or Secretarial Auditor; change in rating(s), other than ESG rating(s); fund raising proposed to be undertaken; agreements, by whatever name called, which may impact the management or control of the company; fraud or defaults by the company, its promoter, director, key managerial personnel, or subsidiary or arrest of key managerial personnel, promoter or director of the company, whether occurred within India or abroad; resolution plan/ restructuring or one time settlement in relation to loans/borrowings from banks/financial institutions; admission of winding up petition filed by any party/creditors and admission of application by the Tribunal filed by the corporate applicant or financial creditors for initiation of corporate insolvency resolution process against the company as a corporate debtor, approval of resolution plan or rejection thereof under the Insolvency and Bankruptcy Code, 2016; initiation of forensic audit, by whatever name called, by the company or any other entity for detecting misstatement in financials, misappropriation/ siphoning or diversion of funds and receipt of final forensic audit report; action(s) initiated or orders passed within India or abroad, by any regulatory, statutory, enforcement authority or judicial body against the company or its directors, key managerial personnel, promoter or subsidiary, in relation to the company; outcome of any litigation(s) or dispute(s) which may have an impact on the company; giving of guarantees or indemnity or becoming a surety, by whatever named called, for any third party, by the company not in the normal course of business; granting, withdrawal, surrender, cancellation or suspension of key licenses or regulatory approvals.

Topics: Insider Trading

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic