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FAQs on Listing

FAQs on Listing

FAQs - Immediate Relatives

What is the definition of Immediate Relatives?

As per SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) “Immediate relative” means a spouse of a person, and includes parent, sibling, and child of such person or of the spouse, any of whom is either dependent financially on such person or consults such person in taking decisions relating to trading in securities.

Issuers are advised to communicate this possibility to all Designated Persons and their Immediate Relatives to prevent any inadvertent violations during the trading window closure.