disclosure to be made by holdin company
This query is : Resolved
01 April 2010
if a listed holding company has an unlisted wholly owned subsdiary company and its subsdiary is acquiing any major asset which if known to the public may influence the market price of shares of holding company. so in order to prevent from insider traiding what disclosures are requird and when?
and wht bsteps must be taken?
Thanks in advance.
and wht bsteps must be taken?
Thanks in advance.
M Prabhakar Menon
(Expert)
03 April 2010
Pl follow SEBI guidlines on insider trading as holding co is listed.
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