SEBI revises disclosure format under regulation 7 of SEBI (Prohibition of Insider Trading) Regulation, 2015.

The Securities and Exchange Board of India vide its notification dated 9th February 2021, has revised Form B which deals with disclosure becoming key managerial personnel/director/promoter/member of the promoter group and Form C where the details of change in holding of securities of promoter, member of the promoter group shall be disclosed.

Further, the details of trading in securities by other connected persons as identified by the company shall be disclosed in Form D.

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