Up to which date, XYZ Ltd. will notify the particulars of such disclosure of Rudra Pratap to the stock exchange(s) on his appointment as KMP on March 17, 2025 ?
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · June 2025
Up to which date, XYZ Ltd. will notify the particulars of such disclosure of Rudra Pratap to the stock exchange(s) on his appointment as KMP on March 17, 2025 ?
Answer & Explanation:
As per Regulation 7 of SEBI (Prohibition of Insider Trading) Regulations, 2015, the Company has to notify the particulars of KMP Disclosure of his holding in the XYZ Ltd to the stock exchange(s) within two trading days of receipt of the disclosure. Assuming, that the disclosure is received by the Company by March 24, 2025, it should be disclosed to the stock exchange(s) by March 26, 2025 as per SEBI (Prohibition of Insider Trading) Regulations, 2015.
Topics: SEBI Regulations
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