System-driven disclosures: Depositories must send daily promoter transaction data directly to stock exchanges for public dissemination. Depositories shall provide daily transaction data of promoters/promoter group directly to stock exchanges, which will disseminate disclosures of all transactions in dematerialised securities beyond the applicable threshold limits, replacing the earlier data flow through registrars and share transfer agents; other procedural requirements from the prior circular remain in force.
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Provisions expressly mentioned in the judgment/order text.
System-driven disclosures: Depositories must send daily promoter transaction data directly to stock exchanges for public dissemination.
Depositories shall provide daily transaction data of promoters/promoter group directly to stock exchanges, which will disseminate disclosures of all transactions in dematerialised securities beyond the applicable threshold limits, replacing the earlier data flow through registrars and share transfer agents; other procedural requirements from the prior circular remain in force.
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