What is the meaning of price sensitive information?
Price Sensitive Information means any information which relates, directly or indirectly, to a company and which if published is likely to materially affect the price of securities of the company.
What is not considered as price sensitive information?
The information regarding the public cannot also be called price sensitive since mere knowledge about the public issue without specific information cannot be considered as one which will affect the price of the scrip.
What do you mean by unpublished price sensitive information Explain with examples?
Unpublished Price Sensitive Information (UPSI means any information, relating to a Company or its securities, directly or indirectly, that is not generally available which upon becoming generally available, is likely to materially affect the price of the securities and shall, ordinarily including but not restricted to.
Which policies allow the employee to report suspected violation of leak of unpublished price sensitive information or violation of the code to the concerned committee?
The Board of Directors of ESAB India Limited have adopted the Whistle Blower Policy so that the employees of the company have a secure mechanism to report any concerns that they may have of actual, suspected or planned leakage of any Unpublished Price Sensitive Information (UPSI) involving a Designated / connected …
What are examples of price sensitive information?
Examples of situations where price-sensitive or inside-information might arise and be known to lenders or potential lenders in relation to borrowers would potentially include: information on a planned securities issuance by the borrower; discussions relating to a potential acquisition or sale of a business by the …
What refers to trading on price sensitive information by company employees?
In general terms Insider trading is defined as, ‘the illegal practice of trading on the stock exchange to one’s own advantage through having access to unpublished price sensitive information. ‘
What is the meaning of the term insider and unpublished price sensitive information in Sebi guidelines?
clause (k) read as under:- “(k) Unpublished price sensitive information means any information which related to the following matters or is of concern, directly or indirectly, to a company, and is not generally known or published by such company” for general information , but which if published or known, is likely to …
When some information turns into price sensitive information explain in the context of Competition Act?
A company can strengthen its goals and provide indications about the future to its investors through the annual reports. Such arrangement should be made by the company so that they can aptly disclose and discuss price-sensitive information in the meetings with the investors.
Who is an insider According to Sebi?
Regulation 2(e) defines an ‘insider’ as a person connected or deemed to be connected and who is reasonably expected to have access to any unpublished price sensitive information in respect of securities [i.e. shares, debentures etc.] of a company, or who has received or has had access to such unpublished information.
Why is price sensitivity important?
Factors that affect price sensitivity For organizations, price sensitivity is a crucial factor in making the best decisions and assigning the ideal prices, so it is essential to understand the consumer’s mindset and behavior. With unique value products or services, the organization can win over its competitors.
What is a market sensitive announcement?
What announcements are “market sensitive”? Under Listing Rule 3.1, the information in an announcement is considered market sensitive if “a reasonable person would expect the information to have a material effect on the price or value of the entity’s securities”.
What is the meaning of price sensitivity?
Definition: Price sensitivity refers to the degree or extent to which the consumer’s buying behaviour varies with the change in the price of the product or service.In simple terms, it determines the level to which buyers or consumers are conscious about the price of a particular product or service.
What is unpublished price sensitive information?
“Unpublished Price sensitive information” means any information which relates to the following matters or is of concern directly or indirectly to a company and is not generally known or published by such company for general information but which if published or known is likely to materially affect the price of securities of that company in the
What is the sense of urgency in pricing?
Sense of Urgency: If there is an immediate need for the product or service, the consumer usually overlooks the price factor. For instance, in the case of emergency medical service, price sensitivity is quite low.