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New insider trading regulations effective today

by BS Reporter | Mumbai May 14, 2015 Last Updated at 22:49 IST

Employees may soon be allowed to exercise their stock options at their will. Securities and Exchange Board of India is reviewing rules on employee stock options (Esops) after the new insider trading rules effective May put strict restrictions on the timing of sales of such shares.

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NEW INSIDER TRADING NORMS TO KICK IN FROM TOMORROW

by PTI | Mumbai May 14, 2015 1:59 pm

To tackle insider trading menace, a new set of norms will come into effect from tomorrow that provide for strict penal action for illicit transactions in shares of listed firms by promoters, key management personnel, their relatives and all connected persons.

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