Promoters, insiders barred from buying shares till June 30

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Promoters, insiders barred from buying shares till June 30

Apr 03, 2020 12:24 IST

In a bid to curb insider trading, security market regulator, SEBI has reportedly prohibited promoters and insiders from buying company shares till June 30, as companies have been given extra time to report earnings with the stock exchanges. Companies have received additional time to submit their quarterly and annual results in view of the coronavirus crisis and the ongoing lockdown.

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