Summary of the circular issued by SEBI on 16/06/2021
Applicability of System Driven Disclosures to listed Debt Securities issued by Equity listed companies under SEBI (PIT) Regulations, 2015
SEBI has notified the applicability of System Driven Disclosures (SDD) under SEBI (Prohibition of Insider Trading) Regulations, 2015 to listed Debt Securities issued by Equity Listed Copanies. SEBI had already notified the applicability of SDD to Equity and Equity Derivatives vide its earlier circular dated 09/09/2020. The procedure for implementation of SDD for listed Debt Securities is same as prescribed in SEBI Circular dated 09/09/2020. Faciilty to disseminate the disclosures in this regard shall be made available in the websites of Depositories and Stock Exchanges with effect from 01/07/2021.
This circular is integrated in our free-to-use website ca2013.com for your ready reference.
Leave A Comment