Insider Trading & SAST disclosures for General Insurance Corporation of India
The latest disclosure under SEBI Prohibition of Insider Trading regulations was made by
The President of India acting through and represented by the Ministry of Finance, Government of India in General Insurance Corporation of India where Disposal of 59,432,385
Equity Shares done at an average price of Rs. 395.1
was reported to the exchange on Sept. 9, 2024.
The latest disclosures under SEBI SAST(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 transaction was made by
President of India in General Insurance Corporation of India where Disposal of 59,432,385
shares done
was reported to the exchange on Sept. 9, 2024.
Insider trades are disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015 ([Regulation 7 (2) with 6(2)] made by corporate insiders: promoters, officers, directors, employees and large shareholders who are buying and selling stock in their own companies.
| Client Name |
Client Category |
Action* |
Reported To/By Exchange |
Quantity |
Post Transaction Holding |
Traded % |
Avg. Price |
Value |
Period |
Regulation (Insider/SAST) |
Security Type |
Mode |
|
The President of India acting through and represented by the Ministry of Finance, Government of India
|
Promoter |
Disposal |
09 Sep 2024 |
59,432,385 |
1,445,567,615
(82.40%)
|
3.39%
|
395.1 |
23,482,457,902
|
04 Sep 2024
05 Sep 2024 |
Insider Trading |
Equity Shares |
Market Sale |
|
President of India
|
Promoter |
Disposal |
19 Sep 2024 |
59,432,385 |
1,445,567,615
(82.40%)
|
3.39%
|
|
-
|
04 Sep 2024
05 Sep 2024 |
SAST (29(2)) |
- |
Offer For Sale |
*Actions covered:
Acquisition (Buy): Purchase of shares
Disposal (Sell): Sale of shares
Pledge: Shares being used by promoters as collateral for loans. Usually a negative signal.
Revoke: When shares are released from a pledge. Usually a positive signal.
Invoke: When pledged shares are invoked by companies/banks who have provided the collateral, which may result in acquisition of stake in the company. Usually a negative signal.
Client Category: Promoter/ KMP/ Director / Immediate Relatives / Employee / etc
Security Type: Share/ Warrants / Convertible Debentures
Kind of transaction Mode: Public rights/ preferential offer / off market / inter-se transfer/ Market Sale
Data as reported to BSE and NSE
Insider trading data is from Disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015.