Akil Hirani featured as a guest writer in Director Today on “The Indian Landscape of Insider Trading”

by | Oct 14, 2024

Insider trading refers to the practice of trading a company’s securities based on Unpublished Price Sensitive Information (“UPSI”), which is not available in the public domain. UPSI encompasses any information that, when made public, can significantly influence the prices of securities. To determine whether information is UPSI two key criteria are checked: (i) whether the information is generally not accessible to the public; and (ii) whether its publication can affect stock prices.

For more details on the do’s and don’ts of insider trading in India, please read the full article here or download a .pdf below

More News

Legal Era 2024-25 rankings

We are pleased to share that Akil Hirani, Managing Partner and Head of Transactions, Rukshad Davar, Partner and Head - M&A Practice Group, and Ravi S. Raghavan, Partner - Tax and Private Client Group, have been recognized as leading lawyers by Legal Era in their...

read more

US Fiscally Transparent LLC qualifies as a US Tax Resident

The Indian tax authorities have denied treaty benefits to fiscally transparent entities such as foreign partnership firms and limited liability corporations (LLCs) on the ground that such entities are not liable to tax in their home country and do not qualify as tax...

read more

ITR World Tax 2025 Rankings

We are pleased to share that we have been ranked by ITR World Tax in the practice areas of General Corporate Tax, Indirect Tax and Transfer Pricing. Akil Hirani, Managing Partner and Head of Transactions, and Ravi S. Raghavan, Partner - Tax and Private Client Group,...

read more

SEBI’s new proposal on FPI disclosures

The Securities and Exchange Board of India (“SEBI”) has released a consultation paper proposing to modify the disclosure requirements for large foreign portfolio investors (“FPIs”).  In August 2023, by its circular SEBI/HO/AFD/AFD-PoD-2/CIR/P/2023/148, SEBI...

read more