Closing in a window8/28/2023 When open, designated persons are required to apply to the compliance officer for pre-clearance of trades. ![]() With certain exceptions, designated persons and their immediate relatives are not permitted to trade when the trading window is closed. The compliance officer is responsible for closing the trading window under certain circumstances when designated persons are reasonably expected to be in possession of unpublished price sensitive information. ![]() The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (Insider Trading Regulations) require listed companies to use a trading window for monitoring trades by designated persons and their immediate relatives.
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