First Notes - 22 August 2014

First Notes - 22 August 2014

SEBI’s discussion paper on material events and price sensitive information


Also on

The Securities and Exchange Board of India (SEBI) has observed disparities in disclosures made under clause 36 and other related clauses of the Equity Listing Agreement. The discussion paper issued by the SEBI on 19 August 2014 aims to improve continuous disclosure requirements and reduce disparity in disclosures which primarily stem from a perceived lack of clarity on the term ‘materiality’ and ‘price sensitive information’. Comments are invited on the discussion paper by 12 September 2014.

© 2017 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Connect with us


Request for proposal



KPMG’s new-look website

KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.

Read more