UPSI - SEBI PIT Insights

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UPSI

A collection of 2 posts

Supreme Court to SAT: Profit Motive Is Irrelevant Under the 2015 PIT Regulations — The Tara Jewels Ruling

Primary source: Securities and Exchange Board of India v. Rajeev Vasant Sheth & Ors., 2026 INSC 826, Civil Appeal No. 4905 of 2022, decided by the Supreme Court (Sanjay Karol and Nongmeikapam Kotiswar Singh, JJ.) on August 11, 2026, reversing the SAT's judgment dated April 19, 2022 in

How We Model UPSI Data

The last post was about proving nothing's been tampered with after the fact. This one is upstream of that — before you can build a trustworthy audit trail around UPSI (Unpublished Price Sensitive Information), you have to decide how to model the data itself, and that turns out to