Code of Corporate Disclosure Practices shared with exchanges under SEBI PIT Regulations

The company has framed a Code of Corporate Disclosure Practices under Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and submitted it to BSE and NSE.

Thu 1 Oct 2026

Regulation

Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015

Policy Effective Date

23.12.2024

Stock Exchange Updates

BSE (Scrip Code 544952) and NSE (Symbol AONESTEELS)

Key Officer Role

Chief Investor Relations Officer designated to oversee dissemination of Unpublished Price Sensitive Information (UPSI)

What was shared

The company informed BSE (Scrip Code 544952) and NSE (Symbol AONESTEELS) that, pursuant to Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, it has framed a Code of Corporate Disclosure Practices. The Code is submitted under Regulation 8(2) and has also been uploaded on the company's website.

What the Code covers

• A senior officer is designated as Chief Investor Relations Officer, responsible for timely, adequate, uniform and universal dissemination of Unpublished Price Sensitive Information (UPSI) and for avoiding selective disclosure.
• That officer reports to the Managing Director/CEO and co-ordinates with the Compliance Officer.
• All disclosure of UPSI on the company's behalf must first be approved by the Chief Investor Relations Officer; accidental or selective disclosure must be reported immediately so the information can be made generally available.

Market rumours

Queries from regulators on news reports or requests to verify market rumours must be directed promptly to the Chief Investor Relations Officer, who responds after consulting the Managing Director/CEO. Requests are documented and, as far as practicable, sought in writing.

Analysts and institutional investors

• Only persons authorised by the Chief Investor Relations Officer may share information on the company's securities with analysts and research persons.
• Employees and directors are to share only public information; if UPSI is proposed to be shared, it must be made public simultaneously.
• Unanticipated analyst questions may be noted and answered later; if an answer needs UPSI, it goes to the exchanges or a public announcement first.
• Transcripts or recordings of analyst meetings may be arranged to avoid misquoting, and a press release or website post is to follow investor/analyst meetings. Live webcasting of analyst meets may be considered.

Legitimate purpose policy

An annexed Policy on Determination of Legitimate Purpose, framed under Regulation 3(2A), is effective from 23.12.2024 and applies to all insiders. Sharing UPSI in the ordinary course of business or on a need-to-know basis with partners, collaborators, lenders, customers, suppliers, merchant bankers, legal advisors, auditors, insolvency professionals and other advisors is covered, provided it is not done to evade the Regulations. Anyone receiving UPSI this way is treated as an insider, and a confidentiality agreement is to be executed.

Medium of disclosure

UPSI is to be disseminated first to the stock exchanges where the securities are listed, then to the press, supplemented by website updates. Any amendment to the Code will be intimated to the exchanges.

How to read this

This is a governance and compliance document. It does not report revenue, orders, capacity or any transaction, and carries no direct financial effect. It signals the disclosure framework the company will follow in communicating with investors, analysts and the media.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.