Question

Can an insider deviate from the approved trading plan, (As per Reg 5 of SEBI (Prohibition  of  Insider Trading) Regulations, 2015)?

A Yes, with prior intimation to the compliance officer
B Yes, with the approval of the stock exchanges
C No, the trading plan is irrevocable and must be implemented as approved
D No, unless there is a significant change in market conditions
E Depends on the situation
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