The Securities and Exchange Board of India (SEBI) on October 13, 2026, issued compiled informal guidance to clarify queries under the SEBI (Prohibition of Insider Trading) Regulations, 2015, for October 2015 to September 2026.
SEBI has published a compilation of informal guidance relating to the SEBI (Prohibition of Insider Trading) Regulations, 2015, covering the period from October 2015 to September 2026, on October 13, 2026. The document brings together interpretive letters and no-action guidance addressing the application of insider trading provisions to specific transactions and factual situations, with links to the respective guidance documents for reference. It helps listed companies, promoters, directors, compliance officers, designated persons and other market participants understand SEBI’s interpretations of insider trading requirements, including restrictions on trading while in possession of unpublished price-sensitive information (UPSI) and related compliance obligations. The compilation is intended as a reference resource; where any inconsistency arises, the original individual guidance document prevails.
