Define unpublished price sensitive information as per provisions under the Securities Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015.

CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2020
Define unpublished price sensitive information as per provisions under the Securities Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015.

Answer & Explanation:

As per Regulation 2(n) of SEBI (Prohibition of Insider Trading) Regulations, 2015, "unpublished price sensitive information" means any information, relating to a company or its securities, directly or indirectly, that is not generally available which upon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, demergers, acquisitions, delistings, disposals and expansion of business and such other transactions; changes in key managerial personnel.

Topics: SEBI Regulations

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