SEBI has amended the Prohibition of Insider Trading Regulations, ...

Third-Party Information Now Exempt from Trading Window Closure Under Insider Trading Regulations Amendment

March 17, 2025

Notifications     SEBI

SEBI has amended the Prohibition of Insider Trading Regulations, effective ninety days after official publication. The amendments significantly expand the definition of "unpublished price sensitive information" to include sixteen specific corporate events, such as termination of business contracts, auditor resignations, rating changes, fund-raising proposals, forensic audits, regulatory actions, and key license changes. The notification introduces flexibility for information not originating within organizations by allowing entry into structured digital databases within two calendar days of receipt and exempting such external information from trading window closure requirements. These modifications aim to enhance regulatory clarity and provide nuanced compliance guidance for market participants.

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