Structured Digital Database SEBI – Legality Simplified
The Structured Digital Database SEBI mandates listed companies to maintain a secure digital database of unpublished price-sensitive information (UPSI). This helps prevent insider trading by ensuring transparency and traceability. SEBI requires that the database includes details like the nature of information, date, and the persons with whom it is shared. Proper maintenance of this database is essential for regulatory compliance and to protect market integrity, supporting fair trading practices across Indian securities markets.