SEBI to introduce new insider trading and listing & delisting norms in the next week
The Securities and Exchange Board of India (SEBI) have made a lot of efforts to make the listed entities more responsible towards the investors and for which the regulator may announce the new insider trading norms in the next week and also will introduce the new listing & delisting regulations.
The rectifications are made in order to curtail the interest of the stakeholders including the market entities and other investors. the new regulations are also aimed at protecting the interest of the minority stakeholders without making the regulatory compliances complex for the companies.
The new norms will be placed for the approval of the Board of the SEBI which will be aimed at enforcement of the better compliance of the listing and the delisting regulations to ensure a faster and an easier process and for all those companies who desire to delist from the stock market.
The new insider trading norms will replace nearly about two decade old rules in this area.
The rules would be completely based on the recommendations of the expert committee constituted by the Securities and Exchange Board of India.
The new listing regulations would focus on dealing with possible violations of corporate governance norms by listed firms, including those about inadequate or faulty disclosures, related party transactions, and any drawbacks in board constitutions.