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Securities Markets Order, 2013 · s 136
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Securities Markets Order, 2013 · s 136
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
(1)
A company shall respond promptly and in no circumstances shall exceed 24 hours upon being informed by the Authority or a securities exchange that there are unusual movements in the price or volume of its traded securities by disclosing to the public -
{a}
details of any matter or development of which it is aware that is or may be relevant to the unusual movements; or
{b)
a statement of the fact if it is not aware of any such matter or development.
Without limiting the generality of this Part, a listed company or a publicly tradable company shall also comply with such further reporting obligations and requirements as may be prescribed by the Authority.
1341
Authority to require production of records and documents.