SJR company is a listed company, wants to follow the minimum standard of code of conduct, as prescribed under SEBI (Prohibition of Insider Trading) Regulations, 2015. You being the company secretary, state the correctnes

CS Executive · Securities Laws and Capital Markets · PYQS · December 2024
SJR company is a listed company, wants to follow the minimum standard of code of conduct, as prescribed under SEBI (Prohibition of Insider Trading) Regulations, 2015. You being the company secretary, state the correctness of the below facts, with respect to the regulation. Designated person traded in securities, when trading window was closed.

Answer & Explanation:

Incorrect. Designated persons and their immediate relatives shall not trade in securities when the trading window is closed.

Topics: Insider Trading

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