MANU/SDIP/0001/2021

Ministry : Securities and Exchange Board of India

Department/Board : Integrated Surveillance Department

Circular No. : SEBI/HO/ISD/ISD/CIR/P/2021/19

Date : 09.02.2021

Notification/ Circulars Referred : Circular nos. CIR/ISD/01/2015 dated May 11, 2015 MANU/SREG/0014/2015;CIR/ISD/02/2015 dated September 16, 2015 MANU/SDIP/0002/2015

Citing Reference:
Circular nos. CIR/ISD/01/2015 dated May 11, 2015 MANU/SREG/0014/2015  Referred

CIR/ISD/02/2015 dated September 16, 2015 MANU/SDIP/0002/2015  Referred

To

All Recognized Stock Exchanges

Dear Sir/Madam,

Revised disclosure formats under Regulation 7 of SEBI (Prohibition of Insider Trading) Regulations, 2015

1. SEBI, vide Circular nos. CIR/ISD/01/2015 dated May 11, 2015 and CIR/ISD/02/2015 dated September 16, 2015, had specified the formats for disclosures under Regulation 7 of SEBI (Prohibition of Insider Trading) Regulations, 2015 ("PIT Regulations").

2. In light of amendments to the PIT Regulations effecting the inclusion of member of the promoter group, and designated person in place of employee, in Regulation 7 of PIT Regulations; and on the basis of feedback received from market participants and stock exchanges, the relevant disclosure formats (Forms B to D) have been suitably revised.

3. The updated/revised formats are annexed to this circular. The other conditions stipulated in the aforesaid circulars shall remain unchanged.

4. The Stock Exchanges are advised to bring the provisions of this circular to the notice of all listed companies and also disseminate the same on their websites.