format of policy for inder trading

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Querist : Anonymous

Querist : Anonymous (Querist)

24 May 2010 I want to get the format of insider trading policy of an unlisted public company in order to prevent insider trading in and outside the company.

Regards-
CS. SACHIN SINHA

Rasesh

Rasesh (Expert)
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25 May 2010 I am not able to understand as to why an unlisted public company would require an insider trading policy.

However, for whatever reason it is required, the policy would remain the same.

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Querist : Anonymous

Querist : Anonymous (Querist)

25 May 2010 Thanks Rasesh for your response. I have also the same view, but i wolud like to say that if we will look into the PartB of shedule 1 of the SEBI Insider Trading Regulations, 1992, it specifies model code to be laid down by the entities other than the listed entities.
Regards-CS.Sachin

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