Confidentiality Agreements As A Compliance Tool: NDAs, UPSI Disclosure, And Due Diligence In Indian M&A

Arushi Mishra, BA LL.B., School of Law, Kalinga University, Chhattisgarh ABSTRACT Mergers and acquisitions involving publicly listed entities in India require dealmakers to carefully balance the business need for due diligence with strict securities regulations. To accurately price a target company, potential buyers need access to highly sensitive, non-public data, much of which qualifies as Unpublished Price-Sensitive Information (UPSI) under the SEBI (Prohibition of Insider Trading)...