What is 'price sensitive information'? Which information is deemed to be price sensitive information? State with reasons whether the following information is price sensitive: (i) The CEO of a company died in an air-crash

Definition of Price Sensitive Information According to Regulation 2(n) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 'Unpublished price sensitive information' means any information, relating to a company or its securities, directly or indirectly, that is not generally available which upon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; and Material events in accordance with the listing agreement. Further, Section 195 (1) Clause (b) of Companies Act, 2013 defines 'price sensitive information' which means any information which relates, directly or indirectly, to a company and which if published is likely to materially affect the price of securities of the company. Analysis of Given Information The CEO of a company died in an air-crash: It is Price sensitive Information as there is a change in Key Managerial Personnel. RBI has increased its statutory liquidity ratio (SLR) by 25 basis points: It is not a Price Sensitive Information. As the SLR increased by RBI is publicly available information. The company is setting-up another plant in Gujarat: It is a Price sensitive Information as the company is planning expansion. The company is negotiating with a foreign company to sell its stake in Star Ltd.: It is a Price sensitive Information as there is going to be a capital restructure.