India's market regulator proposes expanding price-sensitive info to curtail insider trading.

India's market regulator, SEBI, is proposing to expand the definition of Unpublished Price Sensitive Information (UPSI) to include proposed fundraising activities, restructuring plans, and one-time bank settlements. The changes aim to enhance transparency and prevent insider trading. SEBI also plans to include key developments in corporate insolvency, major litigations, and regulatory actions as potentially price-sensitive. Public comments are invited until November 30.

November 10, 2024
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