SEBI through circular dated June 16, 2021 has issued clarification regarding Automation of Continual Disclosures as per SEBI (Prohibition of Insider Trading) Regulations, 2015 for System driven disclosures for inclusion of listed Debt Securities. It has now been decided to include the listed debt securities of equity listed companies under the purview of the said System Driven Disclosures for the entities.
The Depositories and Stock Exchanges shall make necessary arrangements such that the disclosures pertaining to listed Debt Securities along with equity shares and equity derivative instruments are disseminated on the websites of respective stock exchanges with effect from July 01, 2021.
In terms of the Circular no. SEBI/HO/ISD/ISD/CIR/P/2020/168 dated September 09, 2020, System Driven
Disclosures has been implemented
for member(s) of promoter group and designated person(s) in addition to
the promoter(s) and director(s) of company (hereinafter collectively
referred to as entities)
under Regulation 7(2)
of Prohibition of Insider Trading Regulations, 2015 pertaining to trading in equity
shares and equity derivative instruments i.e. Futures and Options of the listed company (wherever applicable) by the
entities. The disclosures for Equity
and Equity Derivative
segments are being
displayed on the
exchange website under ‘System
Driven Disclosures’.
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