Insider trading tracker (India): how it works
An insider trading tracker for India surfaces the disclosures that company insiders must file when they trade their own shares. In India these come under the SEBI (Prohibition of Insider Trading) Regulations, 2015, which require promoters, directors, and designated persons to disclose their trades to the company and the stock exchange. Importantly, these are lawful, disclosed trades, not illegal dealing. So an insider trading tracker for India is really a window into a specific public filing: the PIT disclosure.
Definition
An insider trading tracker for India
surfaces the disclosures that promoters, directors, and designated persons must file when they trade their own company's shares, under the SEBI (Prohibition of Insider Trading) Regulations, 2015. These are lawful, disclosed trades filed to the stock exchange, not illegal dealing. Source: SEBI.
What an insider trading tracker actually shows
The tracker reads the PIT disclosures that insiders file with the exchange and presents them as readable trade records. What it surfaces includes:
- Who traded: the promoter, director, or designated person named in the disclosure.
- What they did: the number of shares bought or sold, and the value.
- When: the trade date and the disclosure date.
- Which company: the listed entity the shares belong to.
Because the filing is public, every record can be traced back to the exchange. For the concept behind these filings, see what an insider trading disclosure is.
Is this the same as illegal insider trading?
No, and the distinction matters. Illegal insider trading is dealing on unpublished price-sensitive information, which SEBI prohibits. The disclosures a tracker shows are the opposite: lawful trades that insiders are legally required to report so the market can see them. A tracker only ever shows the public, filed record.
When must an insider disclose a trade?
SEBI sets a value threshold and a tight deadline.
10 lakh rupees
Trade value over a quarter that triggers a continual disclosure, due within 2 trading days
Source: SEBI PIT Regulation 7(2)
Under SEBI PIT Regulation 7(2), promoters, designated persons, and directors must disclose trades exceeding 10 lakh rupees in value over a calendar quarter, within two trading days, to the company and the exchange. That short window is what makes these disclosures a relatively timely signal compared with the quarterly shareholding pattern.
India versus the US
The idea is the same across markets, but the filing systems differ. In the US, insiders report on SEC Form 4 within two business days, and there is a separate Form 144 for proposed sales. A tracker covering both markets reads two systems and stamps each with its own source. For the broader Indian smart-money picture, see the smart money tracker for India.
Flock reads these public disclosures and keeps each one dated and linked to its source. What any insider trade means for your own view is your call to make.
Frequently asked questions
What does an insider trading tracker for India show?
It surfaces the disclosures that promoters, directors, and designated persons must file when they trade their own company's shares, under the SEBI (Prohibition of Insider Trading) Regulations, 2015. These are lawful, disclosed trades, filed to the exchange. Source: SEBI.
Is this the same as illegal insider trading?
No. These are lawful trades that insiders are required to disclose. Illegal insider trading is dealing on unpublished price-sensitive information, which is prohibited. A tracker only shows the public, filed disclosures. Source: SEBI PIT Regulations, 2015.
When must an insider disclose a trade in India?
Under SEBI PIT Regulation 7(2), promoters, designated persons, and directors must disclose trades exceeding 10 lakh rupees in value over a calendar quarter, within two trading days, to the company and the exchange. Source: SEBI.
How is this different from a US insider tracker?
In the US, insiders report trades on SEC Form 4 within two business days. In India, the equivalent disclosures come under the SEBI PIT Regulations, 2015. A tracker covering both reads two different filing systems. Source: SEC, SEBI.
Flock tracks these filings, sourced, dated, and linked back to the original. See what smart-money entities disclosed, without the guesswork about what it means.
Disclosures shown are public regulatory filings. Data may be delayed or incomplete. Smart-money entities may no longer hold positions shown. Not investment advice.