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Top 100 companies to verify market rumours promptly starting June 1

Under the Sebi s rule, these companies will have to confirm, deny, or clarify any reported event or information in the mainstream media that is not general in nature and that indicates that rumours of an impending specific material event are circulating amongst the investing public within 24 hours from the reporting of the information.

Makarandm-joshi
Chief-operating-officer

India's top 100 listed companies must verify market rumours in 24 hours

Starting June 1, the top 100 listed companies must confirm or deny market rumors in mainstream media within 24 hours. The rule aims to prevent information leaks affecting stock valuation, enhancing market fairness. Sebi s new framework excludes price volatility for corporate actions, ensuring a level playing field for all investors. This initiative strengthens the market s integrity, making it more attractive to global investors.

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Chief-operating-officer

Top 100 listed cos to verify market rumours promptly starting June 1

Top 100 listed cos to verify market rumours promptly starting June 1
orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.

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Starting today, India's top 100 listed companies must verify market rumours within 24 hours

SEBI's rumour verification framework aims to exclude price volatility from average market price calculations for corporate actions, ensuring fairness for all investors.

Makarandm-joshi
Chief-operating-officer

Market update: Sensex, Nifty see decline, SEBI's rumor verification measures in focus

Market update: Sensex, Nifty see decline, SEBI's rumor verification measures in focus
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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