
Insider Trading26 Aug 2026, 01:45 pm
Gaja Alternative Asset Management Ltd: Insider Trading Code Update
AI Summary
Gaja Alternative Asset Management Ltd has filed an intimation regarding its updated Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, as per Regulation 8(2) of SEBI(PIT) Regulations, 2015. This updated code, effective immediately, aims to preserve confidentiality and prevent the misuse of unpublished price sensitive information. It defines 'Designated Persons' broadly, including promoters, directors, key managerial personnel, senior management, and employees up to two levels below managing director, as well as those in possession of or likely to possess such information. The code also covers immediate relatives and HUFs of designated persons.
Key Highlights
- Company updates its insider trading code as per SEBI regulations.
- Code aims to prevent misuse of unpublished price sensitive information.
- Defines 'Designated Persons' broadly to ensure compliance.
- Policy is effective immediately upon adoption.
- Focus on preserving confidentiality of sensitive information.
Price Impact
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