SEBI Insider Trading Regulations effective from November 1, 2024

The Securities and Exchange Board of India (SEBI) has announced the implementation date of the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2022. Vide notification No. SEBI/LAD-NRO/GN/2024/195 issued in Mumbai on July 25, 2024, the new regulations will come into force from November 1, 2024. These amendments are made by virtue of the authorisation granted under Section 30, read with Clause (g) of Sub-section (2) of Section 11 and Clauses (d) and (e) of Section 12A of the SEBI Act, 1992. These amendments are intended to further strengthen the legal framework to prevent insider trading, ensure market integrity and protect the interests of investors.

Securities and Exchange Board of India

NOTIFICATION

Mumbai, 25 July 2024

No. SEBI/LAD-NRO/GN/2024/195.—In exercise of the powers conferred by Section 30 read with clause (g) of sub-section (2) of Section 11 and clauses (d) and (e) of Section 12A of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby appoints 1st November, 2024 as the date on which The Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2022 will come into force.

BABITHA RAYUDU, Executive Director
(ANNOUNCEMENT-III/4/Exty./336/2024-25)