Notification/Circular No.: 20250620-41 dated June 20, 2025
Applicable Act/Rule: SEBI (Prohibition of Insider Trading) Regulations, 2015
Applicable Section/Rule: Regulation 9
Securities and Exchange Board of India (SEBI) has issued Circular No. SEBI/HO/ISD/ISD-PoD-2/P/CIR/2025/55 dated April 21, 2025, regarding the trading window closure period under Clause 4 of Schedule B read with Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations). The circular extends the automated implementation of trading window closure to immediate relatives of Designated Persons, particularly in connection with the declaration of financial results.
A set of FAQs has been provided for reference and clarity on the implementation which can be accessed from here: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20250620-41
All listed companies are advised to take note of the above and ensure necessary compliance.
Refer our earlier article for detailed information: https://1-comply.com/2025/04/25/extension-of-automated-implementation-of-trading-window-closure-to-immediate-relatives-of-dp/
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