Promoter transaction reporting required: issuers must notify stock exchanges promptly after promoter trades and disclosed pre IPO placements. Issuers must report all promoter and promoter group securities transactions occurring from filing the draft offer document or offer document until issue closure to the stock exchange(s) within the prescribed short reporting timeframe; similarly, any proposed pre IPO placement disclosed in the draft offer document (in part or in entirety) must be reported to the stock exchange(s) within that same prompt reporting timeframe.
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Provisions expressly mentioned in the judgment/order text.
Promoter transaction reporting required: issuers must notify stock exchanges promptly after promoter trades and disclosed pre IPO placements.
Issuers must report all promoter and promoter group securities transactions occurring from filing the draft offer document or offer document until issue closure to the stock exchange(s) within the prescribed short reporting timeframe; similarly, any proposed pre IPO placement disclosed in the draft offer document (in part or in entirety) must be reported to the stock exchange(s) within that same prompt reporting timeframe.
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