Sebi's New Directive on Market Information

In a significant move to bolster market transparency, the Securities and Exchange Board of India (Sebi) has expanded the definition of Unpublished Price Sensitive Information (UPSI). This expansion includes proposed fundraising activities, agreements that could influence company management or control, restructuring plans, and one-time bank settlements. These new regulations are set to take effect from June 10.

This initiative aims to provide investors with a more transparent and fair trading environment by ensuring that all market participants have equal access to critical information before making investment decisions.