As per Regulation 13(4) and 13(4A) & 13(6) of SEBI (Insider Trading Regulation), 2011, it is mandatory for directors, promoters, and person belonging to promoter group to disclose, within two working days, any change in shareholding if such change exceeds Rs. 5 lakh in value or 25,000 shares or 1% of total shareholding or voting rights, whichever is lower.
Does Insider Trading Regulation contain any other continuous disclosure requirement if the disclosure on daily basis does not hit the limit prescribed under Regulation 13(4) & 13(4A)?
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