Business News

SEBI intends to modify disclosure regulations pertaining to price-sensitive information.

Spread the love

SEBI has expressed concerns about the insufficient judgement exercised by listed entities in categorizing announcements as unpublished price sensitive information (UPSI) and complying with the intent of the law. To address this issue and promote consistent compliance among listed entities, the Securities and Exchange Board of India (SEBI) has proposed amendments to the existing definition of UPSI. In a consultation paper, SEBI has recommended bringing disclosures required under Regulation 30 of LODR (Listing Obligations and Disclosure Requirements) under the revised definition of UPSI, aiming to enhance regulatory certainty and uniformity in compliance.

News Source

Recent Posts

Anahat Singh remains grounded despite her historic World Junior Squash Championship victory

After becoming the first Indian to win the World Junior Squash Championship, Anahat Singh says…

3 weeks ago

Major U.S. Tech Companies Back Open-Weight AI Models, While Anthropic Warns of Security Risks

A group of over 60 U.S. technology companies has urged policymakers to support the development…

3 weeks ago

Bank of Baroda Initiates Forensic Investigation into Alleged Data Breach

Bank of Baroda has launched a comprehensive forensic investigation. This move follows reports indicating that…

3 weeks ago

Unraveling Suhana Khan’s Response to Shah Rukh Khan’s Praise: The Inside Scoop

Beyond the Spotlight: Suhana Khan's Journey Navigating Fame and On-Screen Success

2 months ago

Alpha Trailer Unveils Alia Bhatt’s Explosive Mission Against Bobby Deol, Teases Hrithik Roshan’s Kabir Return.

The much-awaited trailer of Alpha has finally arrived, offering fans a deeper look into the…

2 months ago

As Ola’s Bhavish Aggarwal Faces Criticism, Zomato’s Deepinder Goyal Receives Praise for PR Savvy

The contrasting public images of two prominent Indian startup founders, Zomato's Deepinder Goyal and Ola's…

2 years ago

This website uses cookies.