MANU/SSMD/0039/2020

Ministry : Securities and Exchange Board of India

Department/Board : Integrated Surveillance Department

Circular No. : SEBI/HO/ISD/ISD/CIR/P/2020/135

Date : 23.07.2020

Notification/ Circulars Referred : Notification No. SEBI/LAD-NRO/GN/2020/23 dated July 17, 2020 MANU/SREG/0026/2020;Circular No. SEBI/HO/ISD/ISD/CIR/P/2019/82 dated July 19, 2019 MANU/SREG/0026/2019

Citing Reference:
Notification No. SEBI/LAD-NRO/GN/2020/23 dated July 17, 2020 MANU/SREG/0026/2020  Referred

Circular No. SEBI/HO/ISD/ISD/CIR/P/2019/82 dated July 19, 2019 MANU/SREG/0026/2019  Referred

To

1. All Listed Companies through the Stock Exchanges
2. All Intermediaries registered with SEBI under Section 12 of the SEBI Act, 1992
3. Fiduciaries as per SEBI (Prohibition of Insider Trading) Regulations, 2015

Dear Sir/Madam,

Reporting to Stock Exchanges regarding violations under Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 relating to the Code of Conduct

1. Vide Gazette Notification No. SEBI/LAD-NRO/GN/2020/23 dated July 17, 2020, Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) have been further amended.

2. In terms of clause 13 of Schedule B (in case of listed companies) and clause 11 of Schedule C (in case of intermediaries and fiduciaries) read with Regulation 9 of the PIT Regulations, the listed companies, intermediaries and fiduciaries shall promptly inform the Stock Exchange(s) where the concerned securities are traded, regarding violations relating to CoC under PIT Regulations in such form and manner as may be specified by the Board from time to time.

3. SEBI, vide Circular No. SEBI/HO/ISD/ISD/CIR/P/2019/82 dated July 19, 2019, had specified the standard format for reporting of violations related to CoC. The said format has been suitably modified and placed at Annexure A. The listed companies, intermediaries and fiduciaries shall inform the violations of PIT Regulations relating to C........