
BKM Industries: SDD Compliance & Rectified Non-Compliance
BKM Industries Ltd confirms it has maintained and updated its Structured Digital Database (SDD) in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The SDD records details of persons with whom Unpublished Price Sensitive Information (UPSI) has been shared, along with its nature, and is maintained internally with adequate controls and audit trails. A Practicing Company Secretary certified the compliance, noting that while the SDD is in place and non-tamperable, one of two required events for the quarter was not captured. Furthermore, a non-compliance from the previous quarter regarding reporting SDD prior to sharing UPSI was observed but has since been rectified. The certification states that this non-compliance did not affect public interest as the company's shareholding and trading are suspended.
Key Highlights
- BKM Industries confirms maintenance of Structured Digital Database (SDD).
- SDD complies with SEBI Insider Trading Regulations for UPSI tracking.
- Company Secretary certified SDD compliance with internal controls.
- One of two required events for the quarter was not captured in SDD.
- Previous non-compliance on SDD reporting was observed and rectified.
Price Impact
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