Reporting to Stock Exchanges regarding violations under Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 relating to the Code of Conduct (CoC). - SEBI - SEBI/HO/ISD/ISD/CIR/P/2020/135

CIRCULAR SEBI/HO/ISD/ISD/CIR/P/2020/135 July 23, 2020 To 1. All Listed Companies through the Stock Exchanges 2. All Intermediaries registered with SEBI under Section 12 of the SEBI Act, 1992 3. Fiduciaries as per SEBI (Prohibition of Insider Trading) Regulations, 2015 Dear Sir/Madam, Sub: Reporting to Stock Exchanges regarding violations under Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 relating to the Code of Conduct (CoC). 1. Vide Gazette Notification No. SEBI/LAD-NRO/GN/2020/23 dated July 17, 2020 , Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) have been further amended. 2. In terms of clause 13 of Schedule B (in case of listed companies) and clause 11 of Schedule C (in case of intermediaries and fiduciaries) read with Regulation 9 of the PIT Regulations , the listed companies, intermediaries and fiduciaries shall promptly inform the Stock Exchange(s) where the concerned securities are traded, regarding violations relating to CoC under PIT Regulations in such form and manner as may be specified by the Board from time to time. 3. SEBI, vide Circular No. SEBI/HO/ISD/ISD/CIR/P/2019/82 dated July 19, 2019 , had specified the standard format for reporting of violations related to CoC. The said format has been suitably modified and placed at Annexure A. 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(s). 4. Further, in terms of clause 12 of Schedule B and clause 10 of Schedule C read with Regulation 9 of the PIT Regulations , any amount collected by the listed companies, intermediaries and fiduciaries under these clauses for violation(s) of CoC shall be remitted to the Board for credit to the Investor Protection and Education Fund (IPEF) administered by the Board under the Securities and Exchange Board of India Act, 1992. 5. As per Regulation 4(2) of SEBI (Investor Protection and Education Fund) Regulations, 2009 , such amounts shall be credited to the IPEF through the online mode or by way of a demand draft (DD) in favour of the Board (i.e. SEBI IPEF) payable at Mumbai. The bank account details of SEBI IPEF for online transfer is given below: Name of Beneficiary SEBI IPEF Bank Name Bank of India Bank Branch Bandra Kurla Complex (BKC) Account Number 012210210000008 IFSC Code BKID0000122 6. This circular is issued in supersession of Circular No. SEBI/HO/ISD/ISD/CIR/P/2019/82 dated July 19, 2019. 7. This circular is issued in exercise of the powers conferred under section 11(1) of the Securities and Exchange Board of India Act, 1992 read with regulations 4(3) and 11 of the PIT Regulations and to protect the interests of investors in securities and to promote the development of and to regulate the securities market and shall come into force with immediate effect. 8. This circular is available on SEBI website at www.sebi.gov.in under the category Circulars . Yours faithfully, N Sunil Deputy General Manager Tel. No. 022 26449317 Email id: [email protected] Encl: as above Annexure A Report by (Name of the listed company/ Intermediary/Fiduciary) for violations related to Code of Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015. [For listed companies: Schedule B read with Regulation 9 (1) of SEBI (Prohibition of Insider Trading) Regulations, 2015 For Intermediaries/ Fiduciaries: Schedule C read with Regulation 9(1) and 9(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015] Sr. No. Particulars Details 1 Name of the listed company/ Intermediary/Fiduciary 2 Please tick appropriate checkbox Reporting in capacity of : ☐ Listed Company ☐ Intermediary ☐ Fiduciary 3 A. Details of Designated Person ( DP ) i. Name of the DP ii. PAN of the DP iii. Designation of DP iv. Functional Role of DP v. Whether DP is Promoter or belongs to Promoter Group B. If Reporting is for immediate relative of DP i. Name of the immediate relative of DP ii. PAN of the immediate relative of DP C. Details of transaction(s) i. Name of the scrip ii. No of shares traded and value (Rs.) (Date- wise) D. In case value of trade(s) is more than ₹ 10 lacs in a calendar quarter i. Date of intimation of trade(s) by concerned DP/director/promoter/promoter group to Company under regulation 7 of SEBI (PIT) Regulations, 2015 ii. Date of intimation of trade(s) by Company to stock exchanges under regulation 7 of SEBI (PIT) Regulations, 2015 4 Details of violations observed under Code of Conduct 5 Action taken by Listed company/ Intermediary/ Fiduciary 6 Reasons recorded in writing for taking action stated above 7 Details of the previous instances of violations, if any, since last financial year 8 If any amount collected for Code of Conduct violation(s) i. Mode of transfer to SEBI - IPEF (Online/Demand Draft) ii. Details of transfer/payment In case of Online: Particulars Details Name of the transferor Bank Name, branch and Account number UTR/Transaction reference Number Transaction date Transaction Amount (in Rs.) In case of Demand Draft (DD): Particulars Details Bank Name and branch DD Number DD date DD amount (in Rs.) 9 Any other relevant information Yours faithfully, Date and Place Name and Signature of Compliance Officer PAN: Email ID: