Write short notes on the following: Continual disclosures under SEBI (Prohibition of Insider Trading) Regulation, 2015.

Under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, the following continual disclosures are required: Every promoter, member of the promoter group, designated person and director of every company shall disclose to the company the number of such securities acquired or disposed of within two trading days of such transaction if the value of the securities traded, whether in one transaction or a series of transactions over any calendar quarter, aggregates to a traded value in excess of ten lakh rupees or such other value as may be specified. Every company shall notify the particulars of such trading to the stock exchange on which the securities are listed within two trading days of receipt of the disclosure or from becoming aware of such information. Explanation: It is clarified for the avoidance of doubts that the disclosure of the incremental transactions after any disclosure under this sub-regulation, shall be made when the transactions effected after the prior disclosure cross the threshold specified in clause (a) of sub-regulation (2). The above disclosures shall be made in such form and such manner as may be specified by SEBI from time to time.