The Securities and Exchange Board of India on 23rd July 2020 has directed the listed companies, intermediaries and fiduciaries to promptly inform the stock exchanges where the concerned securities are traded, regarding violations relating to code of conduct prescribed under the insider trading regulations.
SEBI in its earlier circular dated 19th July 2020 has specified the standard format for reporting of violations related to CoC which has been modified and annexed with the present circular. Therefore the listed companies, intermediaries and fiduciaries shall inform the violations of PIT Regulations relating to CoC as per the revised format to the Stock Exchange.
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