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NOTICES
Notice No.   20230721-41   Notice Date   21 Jul 2023
Category   Circulars Listed Companies   Segment   General
Subject   SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) – Framework for restricting trading by Designated Persons (“DPs”) by freezing PAN at security level
Attachments   SEBI Circular_Framework for restricting trading by DPs.pdf ; Annexure-1.xls ; SEBI Circular_Framework for restricting trading by DPs_19072023.pdf ; BSE Circular_20230628-23.pdf ;
Content

Dear Sir/Madam,

This is in furtherance to the Exchange notice no: 20220808-7 dated August 8, 2022 and 20230628-23 dated June 28, 2023 and in accordance with Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/ISD/ISD-SEC-4/P/CIR/2022/107 dated August 5, 2022 and SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 dated July 19, 2023, regarding Trading Window closure period under Clause 4 of Schedule B read with Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) – Framework for restricting trading by Designated Persons (“DPs”) by freezing PAN at security level.

1.    According to the said circular issued by SEBI, please find attached Annexure 1 for Top 1,000 companies in terms of BSE Market Capitalization as of June 30, 2023 (excluding companies part of benchmark indices).

 

2.    Companies that qualify must include all equity ISIN and ISINs that are convertible into equity.

 

3.    Listed entities are required to designate one of the depositories as its designated depository and provide the information including PAN of Promoter(s), promoter group, director(s) and designated person(s) in the manner as specified by the depositories according to SEBI circular no – SEBI/HO/ISD/ISD/CIR/P/2020/168 dated September 9, 2020. Further, listed entities shall update their designated person list in the manner specified by the depositories on regular basis.

 

This circular shall come into force for trading window closure with effect from October 1, 2023

 The aforesaid circular is attached for reference.

 All Listed companies are requested to take note and comply accordingly. 

               

Ashok kumar Singh  
DGM-Listing Compliance 

 

Bijal Shettigar  
Assistant Manager-Listing Compliance