The Bombay Stock Exchange has clarified vide circular dated March 31, 2020 that SEBI has provided no relaxation in applicability of the trading window restrictions with regard to financial results for Quarter / FY ending March 31, 2020.
SEBI vide its Circular dated March 19, 2020 had relaxed the compliance with respect to certain provisions of the SEBI (LODR) Regulations, 2015 due to the CoVID-19 virus pandemic.
In light of the said relaxation, SEBI had received requests seeking relaxation in trading restriction period applicable in terms of Clause 4(2) of Schedule B to SEBI (Prohibition of Insider Trading) Regulations, 2015.
SEBI has informed the Exchange that these requests seeking relaxation in applicability of trading window restrictions with regard to financial results for Quarter / FY ending March 31, 2020, have not been acceded to.
Click here to read the Circular.
