
LEAP India Adopts Fair Disclosure Code for UPSI
LEAP India Ltd has filed a disclosure under Regulation 8(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The company has adopted and enclosed its "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" (UPSI). This code, framed under Regulation 8(1), outlines the procedures for fair disclosure of UPSI. The code is also available on the company's website, www.leapindia.net. The disclosure emphasizes that all terms used in the code will have meanings ascribed under the SEBI PIT Regulations, with those regulations prevailing in case of discrepancies. The company has defined key terms like 'Compliance Officer' and 'Unpublished Price Sensitive Information' (UPSI), providing an extensive list of information categories that constitute UPSI.
Key Highlights
- LEAP India Ltd complies with SEBI PIT Regulations 8(2).
- Company adopts a formal Code for Fair Disclosure of UPSI.
- Code details procedures for handling Unpublished Price Sensitive Information.
- UPSI definition includes financial results, dividends, and capital changes.
- Code is available on the company's website.
Price Impact
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