Acquisition of a Co. by a listed entity becomes a UPSI under the prohibition of insider trading norms: SAT

COMPANY LAW/SEBI : 100 per cent acquisition of a company directly or indirectly by a listed entity, irrespective of its value and size is a material event and becomes an Unpublished Price Sensitive Information (UPSI) under PIT regulations thereby making it obligatory on listed entity to close trading window during UPSI periodCOMPANY LAW/SEBI : 100 per cent acquisition of a company directly or indirectly by a listed entity, irrespective of its value and size is a material event and becomes an Unpublished Price Sensitive Information (UPSI) under PIT regulations thereby making it obligatory on listed entity to close trading window during UPSI periodwww.taxmann.com Latest Case LawsRead More

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