Voluntary information disclosure requires detailed insider trading particulars and makes reward discretionary, with penalties for false statements.

Schedule D prescribes a Form for voluntary information disclosure under the SEBI Prohibition of Insider Trading Regulations, 2015 requiring informant or legal representative details, a statement on whether an insider trading violation is alleged, and a detailed description of the violation including securities, unpublished price sensitive information, public disclosure date, evidence of possession, and trade particulars. The Form requires supporting documents, identification of materials that may reveal the informant's identity, a declaration accepting discretionary ex-gratia reward and indemnity obligations, and a legal representative's certification to produce the original Form on Board request.

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