By Ashley Coutinho Promoters and company insiders wanting to buy or sell shares before a qualified institutional placement, or QIP, may have to be a tad more watchful given a recent guidance by the Securities and Exchange Board of India (Sebi) in this regard. In its guidance to Deepak Nitrite last week, Sebi said the company’s proposed QIP of Rs 2,000 crore would increase the capital of the company and lead to a change in its capital structure. Accordingly, the pending QIP issue, its pricing and its probable impact on the company’s share capital constitute unpublished price sensitive information, or …
