Provide promoters' transaction data daily:Sebi to depositories

Streamlining guidelines on system-driven disclosures, markets regulator Sebi today asked depositories to provide the transaction data of promoter entities on a daily basis directly to stock exchanges for dissemination of necessary disclosures.
Currently, depositories -- CDSL and NSDL -- provide daily trade data of promoters/promoter group to the Registrar and Share Transfer Agents (RTAs) and the RTAs provide the necessary information to stock exchanges for dissemination of disclosures.
"It has now been decided in discussion with the stock exchanges, depositories and RTAs to streamline the procedure such that the depositories shall provide the transaction data of promoters, promoter group on a daily basis directly to the stock exchanges for dissemination of necessary disclosures," Sebi said in a circular.

It asked depositories and exchanges to make necessary arrangements so that the disclosures of all transactions of promoter entities in dematerialised mode beyond the threshold limits be disseminated on their websites from January 2, 2017.
The move is part of Sebi's efforts to streamline the norms on system-driven disclosures.