Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

insider trading regulations

Save Share

This query is : Resolved

gayathrinaagesh (Querist)

16 July 2011 Dear all I have the following query

whenever there is a change in shareholding of designated employees it needs to brought to the notice of company, what does share value mean with respect to this, is it the face value of holding or the consideration received/paid? what does change in share holding /voting right exceeding 1%, does it mean the existing shareholding of concerned person or the holding as represented as a percentage of total shares of the company?
Please resolve

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)

18 July 2011 to restrict inside trading the companies act is very much clear that no employee should take the advantage of the situation and accordingly it is to be brought to the notice of the c company.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now