A “Connected Person” according to the SEBI Regulations, 1992 is defined as a. A company under the same management b. A merchant banker or a...

To safeguard the interests of shareholders, the Securities
and Exchange Board of India or SEBI has been created which overlooks all activity going
on in the stock markets and also has jurisdiction over off market activities by
companies that directly results in a change in the valuation of their stock and their
shareholding pattern.

Insider trading refers to the
transactions of shares of a company by people who are privy to information that is not
available to the general public.

The [Prohibition of]
Insider Trading Regulations, 1992 deems all share market transactions by "connected"
persons as insider trading. Connected persons can refer to the
director of a company, an employee of the company or any person or entity that has a
business relationship with the company and access to price sensitive information in the
last six months before the incident of insider trading
occurred.

The correct option in the question is option E,
all of the above.