Code for Fair Disclosure of UPSI shared with Exchanges
The company has submitted its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) and determination of legitimate purposes, framed under SEBI's Insider Trading rules.
- Board Approval Date
- 22.02.2026
- Regulatory Framework
- SEBI (Prohibition of Insider Trading) Regulations, 2015
- Chief Investor Relations Officer Role
- Chief Financial Officer
- Document Availability
- Company website and stock exchanges
What was shared
The company intimated the stock exchanges of its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) and determination of legitimate purposes, framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The Code was approved by the Board of Directors on 22.02.2026 and is also available on the company website.
Key features
- UPSI that could impact price discovery is to be disclosed promptly once credible and concrete, with uniform and universal dissemination and no selective disclosure.
- Material events will be disseminated as required under Regulation 30 of the SEBI Listing Regulations.
- If UPSI is leaked selectively or inadvertently, prompt steps will be taken to make it generally available via exchange intimation, press release or the website.
- A separate policy covers inquiry into leaks or suspected leaks of UPSI.
Investor relations
The Chief Financial Officer acts as the Chief Investor Relations Officer (CIRO), with the Company Secretary and Compliance Officer standing in when required. The CIRO is the primary contact for analysts and investors and must approve disclosures of UPSI.
Analysts and rumours
No UPSI may be shared selectively with analysts or investors. Recordings or transcripts of earnings calls and investor interactions are to be placed on the website as required. The CIRO is responsible for fair responses to media reports and verification requests on market rumours from regulatory authorities.
Review
The Board may review and amend the Code, with any amendment intimated to the exchanges and uploaded on the website.
How to read this
This is a governance and disclosure framework document following listing. It does not involve any business transaction, financial outcome or change in operations.
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