MANU/SMIS/0001/2021
Ministry : Securities and Exchange Board of India
Department/Board : SEBI
Circular No. : SEBI/HO/ISD/ISD/CIR/P/2021/578
Date : 16.06.2021
Notification/ Circulars Referred : Circular no. SEBI/HO/ISD/ISD/CIR/P/2020/168 dated September 09, 2020 MANU/SREG/0034/2020
Citing Reference:
Circular no. SEBI/HO/ISD/ISD/CIR/P/2020/168 dated September 09, 2020 MANU/SREG/0034/2020 Referred
To
All Listed Companies
All Depositories
All Nationwide Stock Exchanges Dear Sir/Madam,
Automation of Continual Disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015
1. SEBI, vide circular no. SEBI/HO/ISD/ISD/CIR/P/2020/168 dated September 09, 20201, implemented the System Driven Disclosures in phases, under SEBI (Prohibition of Insider Trading) Regulations, 2015.
2. In terms of the aforesaid Circular, System Driven Disclosures has been implemented for member(s) of promoter group and designated person(s) in addition to the promoter(s) and director(s) of company (hereinafter collectively referred to as entities) under Regulation 7(2) of PIT Regulations pertaining to trading in equity shares and equity derivative instruments i.e. Futures and Options of the listed company (wherever applicable) by the entities. The disclosures for Equity and Equity Derivative segments are being displayed on the exchange Website under 'System Driven Disclosures'.
3. It has now been decided to include the listed debt securities of equity listed companies under the purview of the said System Driven Disclosures for the entities mentioned at Para 2 above. Further, the procedure for implementation of System Driven Disclosures as provided in SEBI circular no. SEBI/HO/ISD/ISD/CIR/P/2020/168 dated September 09, 2020, shall also be applicable for the listed Debt Securities.
1 https://www.sebi.gov.in/legal/circulars/sep-2020/automation-of-continual-........