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This is the crux of who we are. It is an articulation of precision in purpose, from the Firm’s beginnings to where we are today. Our collective eye is unerringly trained on tomorrow.

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Our insistence on strategic advisory exacts an in-depth understanding of and involvement with our clients’ businesses and industries. We engage not just individual businesses, but also contribute to the country’s legal and regulatory frameworks.

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They are to employ our deep knowledge of the law beyond the business, the transaction, the deal. To use the opportunities and skills we possess, to reflect on the culture we’re creating. Individually and collectively, these are our efforts to help shape the thinking of our future generations, and arm them with strategies for true, sustainable growth.

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Amplifying intrinsic talent, sharpening skills, expanding knowledge, is vital to leading. It defines every aspect of how our firm functions and transacts. This is how we create new benchmarks and set industry standards.

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Mar 31, 2021

SEBI Revises Disclosure Formats under the Prohibition of Insider Trading Regulations

SEBI had, on January 21, 2019, amended the SEBI (Prohibition of Insider Trading) Regulations, 2015 (‘PIT Regulations’) to introduce the definition of ‘promoter group’ and to include ‘members of promoter group’ within the purview of the disclosure obligations prescribed under Regulation 7 of the PIT Regulations (which inter alia prescribes disclosures upon trading in listed securities by the promoter group and designated persons). In order to align the prescribed formats for such disclosures with the aforesaid amendment, SEBI has, by a Circular dated February 9, 2021, updated the formats for disclosures under the PIT Regulations.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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