VRight Exchange

SEBI Regulation Compliance Policy for Platform Users-Visible to all in the website footer

  1. Introduction

VRight Exchange is committed to fostering a transparent, ethical, and compliant environment for all its users — including companies, investors, analysts, financial media, and professionals.
This policy outlines the mandatory regulatory compliance requirements for participation on our platform, in line with the guidelines of the Securities and Exchange Board of India (SEBI) and other applicable Indian laws.

All users must adhere strictly to these regulations as a condition for membership.

  1. Key Principles

✅ Transparency:
All information shared must be accurate, timely, and not misleading.

✅ Confidentiality:
Non-public, material information (MNPI) must not be disclosed unless officially released in accordance with SEBI rules.

✅ Fair Disclosure:
Companies must ensure simultaneous, non-selective disclosure of all material information.

✅ Compliance with Silent Periods:
During regulatory “silent periods” (e.g., before quarterly results), companies and executives must not engage in discussions related to financial performance, forecasts, or market-sensitive information.

✅ No Insider Trading:
Users must not engage in or promote insider trading activities in any form, whether directly or indirectly.

  1. Specific User Responsibilities

For Company Executives (CEOs, CFOs, IROs):

  • Ensure all disclosures align with SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations.
  • Refrain from selective disclosure of unpublished price-sensitive information (UPSI).
  • Flag regulatory notices, earnings announcements, and material updates before uploading to the platform.

For Analysts:

  • Provide independent and research-backed views without engaging in any front-running or misleading projections.
  • Clearly disclose conflicts of interest where applicable.
  • Abstain from leaking or discussing MNPI prior to public disclosure.

For Institutional and HNI Investors:

  • Maintain confidentiality of material information acquired through non-public meetings.
  • Comply with insider trading regulations under SEBI (Prohibition of Insider Trading) Regulations, 2015.

For Retail Investors and Visitors:

  • Rely on public and verified information.
  • Avoid spreading rumors, unverified claims, or manipulative content.
  1. Platform Monitoring and Compliance Measures
  • Automated AI Monitoring:
    The platform will automatically flag sensitive words and patterns (e.g., “profit warning,” “merger news,” “unpublished results”) for compliance review.
  • Manual Admin Review:
    Posts or content related to financial data, results, forecasts, or mergers will undergo manual review before publication.
  • Silent Period Control:
    Restricted communication windows will be enforced for listed companies before and after financial result announcements.
  • User Certification:
    All users will be required to self-certify compliance with SEBI regulations upon registration and during key platform activities (e.g., posting sensitive information).
  • Regular Compliance Audits:
    VRight Exchange will conduct quarterly internal audits of platform content to ensure regulatory adherence.
  1. Enforcement

Failure to comply with this policy may result in:

  • Immediate removal of offending content
  • Temporary suspension of user account
  • Permanent ban from VRight Exchange
  • Reporting to SEBI and relevant authorities if a serious violation is detected
  1. Amendments and Updates

This policy is subject to updates based on evolving SEBI regulations, market practices, and internal compliance reviews.
Users will be notified of any major amendments in a timely manner.

  1. Acceptance of Policy

By using VRight Exchange, users agree to abide by the terms of this SEBI Compliance Policy, as well as any other applicable platform rules and regulatory requirements.