Insider Trading Norms: Disclosure of Holdings by Employees
- Any employee of a listed company should disclose the number of shares held within 2 working days of purchase/ acquisition
- Any change in such holdings over Rs 5 lakh in value or 25,000 shares or 1% of total shareholding should be disclosed within 2 working days
- All employees should conduct transactions of companies' shares only in a valid trading window
- Trading window is closed when results, dividends, rights, bonus, expansion plans, change in policies are published
- Trading window is opened 24 hours after price-sensitive information is published
0 comments:
Post a Comment