The framework for handling market rumors and unaffected price for transactions is detailed under SEBI regulations. When there’s a significant price movement due to rumors, listed companies must verify these rumors. Stock exchanges will provide guidelines on how to handle such price movements. The unaffected price, which is used for certain transactions, must be determined by excluding the effects of the rumor-induced price movement. This framework applies to the top 100 listed companies from June 1, 2024, and to the next top 150 listed companies from December 1, 2024
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