Referring to the SEBI Insider Trading Regulations, answer the following: What is 'unpublished price sensitive information'?
CS Executive · Securities Laws and Capital Markets · PYQS · June 2021
Referring to the SEBI Insider Trading Regulations, answer the following: What is 'unpublished price sensitive information'?
Answer & Explanation:
"Unpublished price sensitive information" means any information, relating to a company or its securities, directly or indirectly, that is not generally available which upon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; Change in capital structure; Mergers, de-mergers, acquisitions, delisting, disposals and expansion of business and such other transactions; Changes in key managerial personnel.
Topics: Insider Trading
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