The Securities and Exchange Board of India (‘SEBI’) has proposed to amend the definition of Unpublished Price Sensitive Information (“UPSI”). If this proposal goes through, all material events listed in regulation 30 will become UPSI.
Please refer to the below document to read the full article by Lalit Kumar, published in Corporate Law Adviser Magazine.
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Lalit is a corporate commercial, M&A and private equity lawyer with a vast experience of twenty-two years. He has successfully led large and complex transactions for Indian and global corporations.