Towards Transparent Markets: Decoding SEBI’s consultation paper on Market Rumours

Towards Transparent Markets: Decoding SEBI’s consultation paper on Market Rumours

Introduction SEBI’s recent consultation paper seeks to enhance market integrity by introducing a new framework for addressing market rumours. In response to concerns about market manipulation through rumours, SEBI implemented Regulation 30(11), demanding that listed companies actively address rumours reported in mainstream media. To ease the burden and ensure effective implementation, SEBI is taking a…