Disclosure of Shareholding Changes: Exchanges must ensure listed companies report shareholding pattern changes and enforce compliance. Listed companies must report changes in shareholding and sales by concerned persons under the listing agreement and the insider trading and takeovers regulations. Stock exchanges are required to notify issuers of these obligations, implement systems to monitor compliance, take appropriate action for non compliance, and report the status of implementation to the regulator in the Monthly Development Report.
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Provisions expressly mentioned in the judgment/order text.
Disclosure of Shareholding Changes: Exchanges must ensure listed companies report shareholding pattern changes and enforce compliance.
Listed companies must report changes in shareholding and sales by concerned persons under the listing agreement and the insider trading and takeovers regulations. Stock exchanges are required to notify issuers of these obligations, implement systems to monitor compliance, take appropriate action for non compliance, and report the status of implementation to the regulator in the Monthly Development Report.
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