Examine whether the following information will be treated as unpublished price sensitive information as per provisions under the Securities Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 201
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2020
Examine whether the following information will be treated as unpublished price sensitive information as per provisions under the Securities Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015: The CEO of the company dies in a plane crash.
Answer & Explanation:
In case (i), the death of the CEO is considered as an unpublished price sensitive information since it is covered under point (e) (changes in key managerial personnel) of Regulation 2(n) of SEBI (Prohibition of Insider Trading) Regulations, 2015.
Topics: SEBI Regulations
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