
Milky Mist Dairy Food Ltd Adopts Insider Trading Code
Milky Mist Dairy Food Limited has formally adopted and submitted its Code of Fair Disclosure and Code of Conduct for Prevention of Insider Trading, in compliance with Regulation 8(1) and 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The code outlines principles for fair disclosure of Unpublished Price Sensitive Information (UPSI), aiming for transparency and uniformity in dealings with stakeholders. It defines UPSI, including financial results, dividends, capital structure changes, mergers, acquisitions, and key managerial personnel changes. The company has designated its Company Secretary as Chief Compliance Officer and CFO as Chief Investor Relations Officer to manage information dissemination.
Key Highlights
- Company complies with SEBI's Prohibition of Insider Trading Regulations.
- New code ensures fair disclosure of price-sensitive information.
- Designated officers for compliance and investor relations.
- Aims to prevent misuse of unpublished price sensitive information.
Price Impact
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