Indicate Trading window closure period as per Insider Trading Regulation prescribed by Securities Exchange Board of India (Prohibition of Insider Trading) Regulation, 2015 in each of the followings: Quarter closes on 30t
CS Professional · Compliance Management, Audit and Due Diligence · PYQS · June 2024
Indicate Trading window closure period as per Insider Trading Regulation prescribed by Securities Exchange Board of India (Prohibition of Insider Trading) Regulation, 2015 in each of the followings: Quarter closes on 30th June, 2023 and financial results declared on 18th July 2023.
Answer & Explanation:
SEBI (Prohibition of Insider Trading) Regulations, 2015 says that Trading window shall be closed from end of every Quarter till 48 hours after the declaration of financial results. (i) Trading window will be closed from 30 th June, 2023 to 20 th July, 2023 because result was declared on 18 th July, 2023.
Topics: SEBI (Prohibition of Insider Trading) Regulations, 2015 / Audit
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