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TMI BlogSecurities And Exchange Board Of India (Prohibition Of Insider Trading) (Amendment) Regulations, 2008.X X X X Extracts X X X X X X X X Extracts X X X X ..... der Trading) (Amendment) Regulations, 2008. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 (i) in regulation 2, (a) for clause (e), the following clause shall be substituted, namely:- (e) insider means any person who, (i) is or was connected with the company or is deemed to have been connected with the company and who is reasonably expected to have access to unpublished price sensitive information in respect of securities of a company, or (ii) has received or has had access to such unpublished price sensitive information. (b) after clause (k), the following clause sh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... held and change in shareholding or voting rights, if there has been a change in such holdings of such person and his dependents (as defined by the company) from the last disclosure made under sub-regulation (2) or under this sub-regulation, and the change exceeds ₹ 5 lakh in value or 25,000 shares or 1% of total shareholding or voting rights, whichever is lower. (d) In sub-regulation (5), the number 4 shall be substituted with the word two ; (e) in sub-regulation (6), for the words within five days the words within two working days shall be substituted; (f) after sub-regulation (6), the following sub-regulation shall be inserted, namely:- E-filing. (7) The disclosures required under this regulation ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mpany at any time. In the case of subscription in the primary market (initial public offers), the above mentioned entities shall hold their investments for a minimum period of 30 days. The holding period would commence when the securities are actually allotted. (viii) for Schedule III, the following schedule shall be substituted, namely:- SCHEDULE III FORMS FORM A Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 [Regulation 13(1) and (6)] Regulation 13(1) - Details of acquisition of 5% or more shares in a listed company Name, PAN No. address of shareholder with telephone number Shareholding prior to acquis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the time of becoming Director/Officer Date of intimation to company Mode of acquisition (market purchase/public/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 Note: The above table shall be applicable with suitable modifications to disclosures for position taken in de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gulation 13(4) and (6)] Regulation 13(4) - Details of change in shareholding by Director or Officer of a listed company and his dependents Name, PAN No. 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 comp- any 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 executed with ..... X X X X Extracts X X X X X X X X Extracts X X X X
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