Trading Window closure period under Clause 4 of Schedule B read with Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) – Extending framework for restricting trading by Designated Persons (“DPs”) by freezing PAN at security level to all listed companies in a phased manner

Trading Window closure period under Clause 4 of Schedule B read with Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) – Extending framework for restricting trading by Designated Persons (“DPs”) by freezing PAN at security level to all listed companies in a phased manner https://www.taxtmi.com/circulars?id=66641 SEBI extends a phased framework requiring freezing of PAN at the ISIN level to restrict trading by Designated Persons during trading window closures under Clause 4 of Schedule B read with Regulation 9 of the PIT Regulations. Listed companies must confirm DP details and closure dates via a Designated Depository portal at least two trading days before commencement; the DD shall relay information to stock exchanges and other depositories by T 1 day and update daily. Depositories will restrict off-market transactions and pledges, and stock exchanges will block on-market trading for the closure period, with additions, updates and exemptions processed within two trading days. en-us Wed, 19 Jul 2023 00:00:00 +0530 Wed, 11 Feb 2026 15:59:43 +0530 TaxTMI RSS Generator Trading Window closure period under Clause 4 of Schedule B read with Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) – Extending framework for restricting trading by Designated Persons (“DPs”) by freezing PAN at security level to all listed companies in a phased manner https://www.taxtmi.com/circulars?id=66641 SEBI extends a phased framework requiring freezing of PAN at the ISIN level to restrict trading by Designated Persons during trading window closures under Clause 4 of Schedule B read with Regulation 9 of the PIT Regulations. Listed companies must confirm DP details and closure dates via a Designated Depository portal at least two trading days before commencement; the DD shall relay information to stock exchanges and other depositories by T 1 day and update daily. Depositories will restrict off-market transactions and pledges, and stock exchanges will block on-market trading for the closure period, with additions, updates and exemptions processed within two trading days. Circulars SEBI Wed, 19 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66641