Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2003. - S.O. No.796(E) - SEBI/LE/12840/2003 - SEBI

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 11 th July, 2003 S.O. No.796(E).- In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to amend the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992, namely :- 1. (i) These regulations may be called the Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2003. (ii) They shall come into force on the date of their publication in the Official Gazette. 2. In the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992, in regulation 13 in sub-regulation (1), after the words shall disclose to the company and before the words the number of shares , the following shall be inserted namely- in Form A 3. In the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992, in regulation 13 in sub-regulation (2), after the words shall disclose to the company and before the words the number of shares , the following shall be inserted namely- in Form B 4. In the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992, in regulation 13 in sub-regulation (3), after the words shall disclose to the company and before the words the number of shares the following shall be inserted namely- in Form C 5. In the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992, in regulation 13 in sub-regulation (4), after the words shall disclose to the company and before the words the number of shares , the following shall be inserted namely- in Form D 6. In the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992, in regulation 13 in sub-regulation (6), after the words sub-regulations (1), (2), (3) and (4) , the following shall be added namely :- in the respective formats specified in Schedule III 7. In the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992, after Schedule II, the following shall be inserted namely- Schedule III Forms Form A Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 [Regulations 13(1) and (6)] Regulation 13(1) - Details of acquisition of 5% or more shares in a listed company Name address of shareholder with telephone number Shareholding prior to acquisition No. and per cent age of shares/ voting rights acquired Date of receipt of allotment/ advice. Date of acquisition (specify) Date of intimation to Company Mode of acquisition (market purchase/ public/ rights/ preferential offer etc.) Shareholding subsequent to acquisition Trading member through whom the trade was executed with SEBI Registration No. of the TM Exchange on which the trade was executed Buy quantity Buy value Form B Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 [Regulations 13(2) and (6)] Regulation 13(2)-Details of shares held by Director or Officer of a Listed company Name Address of Director/ Officer Date of assuming office of Director/ Officer No. % of shares/ voting rights held at the time of becoming Director/ Officer Date of intimation to company Mode of acquisition (market purchase/ pubic/ rights /preferential offer etc.) Trading member through whom the trade was executed with SEBI Registration No. of the TM Exchange on which the trade was executed Buy quantity Buy value Form C Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 [Regulations 13(3) and (6)] Regulation 13(3)-Details of change in shareholding in respect of persons holding more than 5% shares in a listed company Name address of share-holders Share- holding prior to acqusition/ sale No. % of shares/ voting rights acquired/ sold Receipt of allotment advice/ acquisition of shares/ sale of shares specify Date of intimation to company Mode of acquisition on (market purchase/ public/ rights/ preferential offer etc.) No. % of shares/ voting rights post-acquisition/ sale Trading member through whom the trade was execute with SEBI Registration No. of the TM Exchange on which the trade was executed Buy quantity Buy value Sell quantity Sell value Form D Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 [Regulations 13(4) and (6)] Regulation 13(4)-Details of change in shareholding of Director or Officer of a Listed Company Name Address of Director/ Officer No. % of shares/ voting rights held by the Director/ Officer Date of receipt of allotment advice/ acquisition/ sale of shares/ voting rights Date of intimation to company Mode of acquisition (market purchase/ public/ rights/ preferential offer etc.) No. % of shares/post acquisition/ voting rights sale Trading member through whom the trade was execute with SEBI Registration No. of the TM Exchange on which the trade was executed Buy quantity Buy value Sell quantity Sell value [F. No. SEBI/LE/12840/2003] G.N. BAJPAI, Chairman Foot note: 1. Securities and Exchange Board of India (Insider Trading) Regulations, 1992, the Principal Regulation, was published in the Gazette of India on 19th November 1992, vide S.O.LE/6308/92(E). 2. The principal regulation was subsequently amended by (a) SEBI (Appeal to Securities Appellate Tribunal) (Amendment) Regulations, 2000 vide S.O. No. 278(E) published in the Gazette of India on 28th March 2000. (b) SEBI (Prohibition of Insider Trading) (Amendment)(Regulations), 2002 vide SO.221/(E) published in the Gazette of India on 20th February, 2002 (c) SEBI (Prohibition of Insider Trading) (Second Amendment) Regulations, 2002 vide SO.1245(E) published in the Gazette of India on 29th November, 2002