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of <h1>SEBI Clarifies Rules for Promoter Share Sales: Ads Must Match Exchange Notices; Stock Exchanges to Update Systems.</h1> The Securities and Exchange Board of India (SEBI) issued a clarification regarding the offer for sale of shares by promoters through the stock exchange mechanism. The circular specifies that advertisements related to share sales must align with the notice provided to the stock exchange. Other provisions from previous circulars remain unchanged. Stock exchanges are instructed to implement necessary systems, amend relevant regulations, inform member brokers, and update SEBI on the implementation status in their Monthly Development Report. This circular is issued under SEBI's authority to protect investor interests and regulate the securities market.
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