Flock blog
Reading regulatory filings, sourced and dated.
Plain-English guides to the public filings Flock tracks: 13F reports, NSE and BSE shareholding patterns, bulk and block deals, and FII/DII flows. Every claim links to its source. Research, not advice.
What is a monitoring agency report? (2026)
A monitoring agency report is a credit rating agency's quarterly check on how a company spent its issue proceeds, filed with the exchanges. Not advice.
What is a statement of deviation? SEBI Reg 32
A statement of deviation is a listed company's quarterly filing on whether it used issue proceeds as promised in the offer document. How to read it. Not advice.
What is a SEBI trading plan? Insider rules (2026)
A SEBI trading plan lets a company insider pre-commit to trades under PIT Regulation 5, disclosed to the exchanges after a 120-day cool-off. Not advice.
What is a secretarial audit report? Form MR-3
A secretarial audit report is a practising company secretary's Form MR-3 opinion on whether a company followed company and securities law. Not advice.
How to track use of IPO proceeds (2026)
How to track use of IPO proceeds: read the objects of the issue, then the quarterly deviation statement and monitoring agency report. Step by step. Not advice.
SEBI trading plan vs Rule 10b5-1 plan (2026)
SEBI trading plan vs Rule 10b5-1 plan: cool-off periods, who approves, what reaches the public record in India and the US, compared factually. Not advice.
What is a Form 1-SA filing? Reg A semiannual
A Form 1-SA filing is the semiannual report a Regulation A Tier 2 issuer files with the SEC within 90 calendar days of the half-year end. Not advice.
What is a clawback policy? SEC Rule 10D-1
A clawback policy is the written policy a listed US issuer must keep under SEC Rule 10D-1 to recover incentive pay awarded on misstated results. Not advice.
Pay versus performance disclosure explained
Pay versus performance disclosure is the SEC table under Item 402(v) showing compensation actually paid against TSR and net income by year. Not advice.
What is a significant beneficial owner (SBO)?
A significant beneficial owner is the individual behind 10% of a company's shares, votes or dividend, or holding significant influence or control. Not advice.
Form 1-SA vs 10-Q: semiannual vs quarterly
Form 1-SA vs 10-Q: the 1-SA is a Reg A Tier 2 issuer's one half-yearly report; the 10-Q is a public company's quarterly report, filed three times. Not advice.
MGT-6 vs BEN-2: beneficial interest vs SBO
MGT-6 vs BEN-2: MGT-6 reports a registered and beneficial owner split under Section 89; BEN-2 reports a Section 90 significant beneficial owner. Not advice.
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