Regulation 30(11) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) require listed entities to verify and confirm, deny or clarify market rumours which are reported in the mainstream media. The rumour verification requirement is applicable to the top 100 listed entities with effect from 1 February 2024 and to top 250 listed entities with effect from 1 August 2024 as specified by SEBI Circular dated 30 September 2023.
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