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Markets - Bonus Announcements
FICCI for bonus, rights issue under insider trading

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New Delhi, April 20 The Federation of Indian Chambers of Commerce and Industry has suggested that bonus announcements for the time being should continue to remain under the purview of insider trading regulations.

This has been conveyed to SEBI in the chamber’s response to the consultative paper on amendments to SEBI (prohibition on insider trading) regulations. The paper proposes to remove bonus and rights issue announcements from the list of the insider trading window.

On SEBI’s consultative paper on introduction of ’short swing profit’ regulations, FICCI has submitted that transactions in the F&O segment while considering the scope of delivery based transactions.

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