Unpublished price sensitive information expanded to cover varied corporate events; database entry timeframe shortened and trading window exception clarified. Amendments expand the scope of unpublished price sensitive information to expressly list multiple corporate events and adverse developments-including rating changes, proposed fund raising, control affecting agreements, frauds or defaults, arrests of key persons, restructuring or settlement of borrowings, insolvency proceedings and resolution outcomes, forensic audit initiation and reports, regulatory or judicial actions, litigation outcomes, guarantees or indemnities outside the ordinary course, and changes to key licences or approvals-and direct that applicable SEBI materiality and fraud/default definitions apply.
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Provisions expressly mentioned in the judgment/order text.
Unpublished price sensitive information expanded to cover varied corporate events; database entry timeframe shortened and trading window exception clarified.
Amendments expand the scope of unpublished price sensitive information to expressly list multiple corporate events and adverse developments-including rating changes, proposed fund raising, control affecting agreements, frauds or defaults, arrests of key persons, restructuring or settlement of borrowings, insolvency proceedings and resolution outcomes, forensic audit initiation and reports, regulatory or judicial actions, litigation outcomes, guarantees or indemnities outside the ordinary course, and changes to key licences or approvals-and direct that applicable SEBI materiality and fraud/default definitions apply.
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