From the latest SEBI Prohibition of Insider trading guidelines 2015
“The trading plan once approved shall be irrevocable and the insider shall mandatorily
have to implement the plan, without being entitled to either deviate from it or to execute any
trade in the securities outside the scope of the trading plan”
See Pg. 12 of the attached guidelines:
http://www.sebi.gov.in/cms/sebi_data/attachdocs/1421319519608.pdf
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