Navigating SEBI’s New Regulations on Rumour Management

SEBI’s new regulations, effective from December 1, 2024, mandate that the top 250 listed companies proactively address any rumours that could affect their share prices. These rumours, which can emerge from media sources, social platforms, or financial reports, must be verified, confirmed, or denied within 24 hours to ensure market stability. Non-compliance can result in significant fines. SEBI uses a volume-weighted average price method to determine the “unaffected price,” helping to exclude market movements caused by rumours and providing a clearer view of a company’s performance.

AGR Knowledge Services offers support to companies in meeting these new requirements. Their services include real-time share price monitoring, comprehensive media tracking through their G8 Listening tool, and a 24-hour compliance mechanism to help companies respond to rumours promptly. With expertise in managing risks for large enterprises across multiple sectors, AGR helps safeguard reputations and maintain investor confidence in a rapidly evolving market environment. Read more…