On 9 July 2024, the Securities and Exchange Board of India (“SEBI”) issued a Master Circular titled Surveillance of the Securities Market (“Circular”), marking a significant development in the regulatory framework governing unauthenticated news dissemination. This Circular builds upon and further refines SEBI’s existing framework under Regulation 30(11) of the SEBI (Listing Obligations and Disclosure) Regulations, 2015 (“LODR”). Regulation 30(11) of LODR which also referred to as the Rumour Verification Regulation, mandates the top…