https://www.taxtmi.com/circulars?id=67434 Framework prescribes computing an adjusted VWAP by attributing the variation in daily WAP from the day of material price movement until the end of the next trading day after rumour confirmation to the rumour, replacing those days' daily WAPs with the pre-movement daily WAP, and subtracting the measured WAP variation from subsequent daily WAPs to derive an adjusted VWAP for the regulatory look-back period. The unaffected price applies only if the rumour is confirmed within twenty-four hours and operates for a defined applicability window based on transaction stage; repeated confirmations generate separate unaffected-price periods. en-us Tue, 21 May 2024 00:00:00 +0530 Tue, 21 May 2024 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67434 Framework prescribes computing an adjusted VWAP by attributing the variation in daily WAP from the day of material price movement until the end of the next trading day after rumour confirmation to the rumour, replacing those days' daily WAPs with the pre-movement daily WAP, and subtracting the measured WAP variation from subsequent daily WAPs to derive an adjusted VWAP for the regulatory look-back period. The unaffected price applies only if the rumour is confirmed within twenty-four hours and operates for a defined applicability window based on transaction stage; repeated confirmations generate separate unaffected-price periods. Circulars SEBI Tue, 21 May 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67434