News & Media 27th Jun 2024

Trading plan norms relaxed for insiders

Authors

Ashishchandra Rao Partner | Mumbai

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The Securities and Exchange Board of India (SEBI) has made it significantly easier for insiders to trade in shares of their companies by amending the Prohibition of Insider Trading (PIT) regulations. The amended norms provide flexibility in the ‘trading plan’ of a company’s key managerial personnel and will come into effect after three months.

To encapsulate this, Financial Express (India)’s Akshata Gorde writes “Trading plan norms relaxed for insiders” with expert comments from our Partner Ashishchandra Rao.

Tune into the story here