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NSE Circular Ref. No: NSE/CML/2024/35
NSE Circular Date: November 13, 2024
BSE Notice No.: 20241113-13
BSE Notice date: November 13, 2024
Relevant Regulations: SEBI (Prohibition of Insider Trading) Regulations, 2015
Relevant Regulation no: Reg 3(5), 3(6)
This circular is in continuation to the circular issued by the NSE viz Circular Ref. No: NSE/CML/2024/31 dated October 18, 2024 & BSE Circular Ref. No: 20241018-44 dated October 18, 2024.
The listed/proposed to be listed entities are advised to take note that the Regulation 3(5) and 3(6) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulation, 2015 are applicable to such unlisted company who is getting listed pursuant to any scheme as approved by NCLT. Those companies are required to submit SDD Certificate at the time of filing of application with the Exchanges from PCS that the Company is compliant with Regulation 3(5) and 3(6) of SEBI (Prohibition of Insider Trading) Regulations, 2015 and any amendment thereof.
The circular shall be effective immediately.
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