SEBI’s Proposed Changes to UPSI Under PIT Regulations

Unpublished Price Sensitive Information (UPSI) builds the bedrock of fairness and transparency in the securities market. Under Regulation 2(1)(n) of the PIT RegulationsUPSI means information that is not published or by its nature cannot be expected to be published and includes critical information that may reasonably be expected, upon disclosure, to have a material impact…

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