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Material and price sensitive events/information is to be disclosed even when one is in doubt: SAT

July 28, 2020[2020] 117 798 (SAT - Mumbai)

COMPANY LAW/SEBI : Where though Binding Implementation Agreement signed by authorized Executive Director of appellant ICICI Bank with dominant shareholders of Bank of Rajasthan was price sensitive and admittedly material to performance of appellant, but same was disclosed after delay of one trading day, penalty was to be imposed

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