Tuesday March 5 2013
News Source: Global Disclosures
Focus: Major Shareholdings
Type: General
Country: India
The Securities and Exchange Board of India has announced that it has established a committee to review the Insider Trading Regulations of 1992, which regulate the disclosure of India major shareholdings.
This follows an announcement from January 2013 that it was to review the applicatiopn of the measures and those under the Takeovers Regulations 2011.
No further details on the work of the committee are currently available.