Feb 3, 2014

Intimation of Trading Window Closure to Stock Exchange(s)

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    Untitled Document

    Intimation of Trading Window Closure to Stock Exchange(s)

    Stock Exchanges have directed the Listed Entities to promptly disclose the price sensitive information along with the applicable trading window period, in compliance with Clause 36 of the Listing Agreement read with the SEBI (Prohibition of Insider Trading) Regulations, 1992.

    As per the SEBI (Prohibition of Insider Trading) Regulations, 1992, the trading window shall be, inter-alia, closed for the following events:

    1. Declaration of financial results (quarterly, half-yearly and annually).
    2. Declaration of dividends (interim and final).
    3. Issue of securities by way of public/rights/bonus etc.
    4. Any major expansion plans or execution of new projects.
    5. Amalgamation, mergers, takeovers and buy-back.
    6. Disposal of whole or substantially whole of the undertaking.
    7. Any changes in policies, plans or operations of the company.
    Accordingly, all the Listed Companies are advised to intimate to the Stock Exchanges about the details of closure of trading window, along with any price sensitive information and ensure compliance with the same.


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