The Securities and Exchange Board of India (SEBI) notified the System Driven Disclosures for inclusion of listed Debt Securities.
The System is Driven Disclosures has been implemented for a member of the promoter group and the designated person in addition to the promoter and director of a company under Regulation 7(2) of PIT Regulations pertaining to trading in equity shares and equity derivative instruments i.e. Futures and Options of the listed company (wherever applicable) by the entities. The disclosures for Equity and Equity Derivative segments are being displayed on the exchange Website under ‘System Driven Disclosures’.
The Market Regulator has now decided to include the listed debt securities of equity listed companies under the purview of the said System Driven Disclosures for the entities. Further, the procedure for implementation of System Driven Disclosures as provided in SEBI circular no. dated September 09, 2020, shall also be applicable for the listed Debt Securities.
The Depositories and Stock Exchanges shall make necessary arrangements such that the disclosures pertaining to listed Debt Securities along with equity shares and equity derivative instruments are disseminated on the websites of respective stock exchanges with effect from July 01, 2021.
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