IndusInd Bank amends Fair Disclosure Code
IndusInd Bank Ltd has amended its 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information' (Fair Disclosure Code) as approved by the Board of Directors on April 24, 2026. The amended code ensures compliance with Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The bank has authorized spokespersons for interactions with analysts, investors, and shareholders. The code emphasizes prompt and uniform dissemination of UPSI, adherence to SEBI LODR Regulations, and fair responses to news reports and market rumors. It also outlines procedures for handling UPSI, including sharing for legitimate purposes and addressing potential leakages.
Key Highlights
- IndusInd Bank's Board approved amended Fair Disclosure Code on April 24, 2026.
- The code ensures compliance with SEBI's Insider Trading Regulations.
- Designated spokespersons are authorized for investor and analyst interactions.
- The bank will ensure timely and uniform disclosure of UPSI to stock exchanges.
- The code outlines procedures for handling and preventing leakage of UPSI.
Price Impact
More from INDUSINDBK