Board adopts Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information

The Board has approved and adopted a Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, intimated under Regulation 8(2) of the SEBI PIT Regulations.

Sat 3 Oct 2026

Regulation Cited

Regulation 8(2) of the SEBI PIT Regulations

Code Adopted

Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information

Board adopts fair disclosure code

• The Board of Directors has approved and adopted a Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.
• The Code has been adopted under Regulation 8(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and this intimation to the exchanges is made under Regulation 8(2) of the same regulations.
• The Code is also available on the website of the company and on the websites of BSE Limited and the National Stock Exchange of India Limited.

What the Code covers

• Definition of UPSI: information relating to the company or its securities that is not generally available and which, once generally available, is likely to materially affect the market price. It ordinarily includes financial results, dividends, changes in capital structure, mergers/demergers/acquisition/delisting/disposal/business expansion, and changes in key managerial personnel.
• Prevention of leakage: employees and directors are not to discuss or disclose UPSI in public places or on chat rooms, social networking sites, newsgroups or bulletin boards, and must not share it except for legitimate purposes.
• Structured digital database: the Board will maintain a database of the nature of UPSI, names of persons who shared it and names of persons with whom it was shared, along with PAN. It cannot be outsourced, and must have internal controls such as time stamping and audit trails. It is to be preserved for not less than 8 (eight) years after completion of the relevant transactions.
• Fair disclosure principles: prompt public disclosure of UPSI, uniform and universal disclosure to avoid selective disclosure, prompt dissemination of any UPSI that gets disclosed selectively or inadvertently, and fair responses to queries on news reports and market rumours.
• Analysts and investor meets: information shared with analysts, research personnel or at investor relations conferences must not be UPSI, and the company will develop best practices to place transcripts or records of such meetings or calls on its website.
• KEL Shareholder: the company may furnish certain information on a need-to-know basis to the KEL Shareholder and/or its Affiliates for legitimate purposes, and may undertake audits as required by them in connection with regulatory, legal or statutory requirements.

How to read this

This is a policy and compliance intimation. It puts on record the framework the company will follow for keeping price-sensitive information confidential and for disclosing it to all investors at the same time, rather than an operational or financial update.

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.