SEBI (SAST) Regulation

Dear Members,


There are two companies namely 'Company A' (Unlisted closely held public company)  and 'Company B' (Listed in BSE) . 'Company A'  is one of the promoters of 'Company B'. 

Company B's (Listed Company) paid up capital is 13,80,00,000 The promoter company (Company A) sold 10,000 shares of 'Company B' .

Now my question is, 

  1. Is there any disclosure requirement to the stock exchange?
  2. If so under what regulation.
Kindly express your views.

Thanks and Regards
VINAY B L
Replies (5)

Face value of the shares is Rs. 10/-. 

Hi,

Assuming trading window is open, no disclosure required.

 

Regards

You have to make discolsure under Insider Trading Regulation.

What is the holding of Company A???????

 

Depending on that the disclosures under Takeover Code and Insider Trading are to be made.


Under Insider Trading:- If the person holds more than 5 % shares or voting rights in any listed company, shall disclose to the company in form C the number and voting right, even such change results in shareholding falling below 5%, if the change exceeds 2% of total shareholding or voting rights in the company.

Therefore in your case under insider trading no disclosure is required to be made.


Under Takeover Code:- Generally no disclosure for transfer of 0.072% shares but depends to whom the shares have been  transferred.

Thank you all for the reply

Regards

VINAY B L

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details