New Launch7 Feb 2025, 05:29 pm
MRF LTD. Amends Insider Trading Regulations with Revised Code of Practices
AI Summary
MRF LTD. has amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The amended code includes a Policy for Determination of 'Legitimate Purposes'. The company has outlined principles to ensure prompt public disclosure of unpublished price sensitive information, avoid selective disclosure, and handle all unpublished price sensitive information on a 'need to know' basis.
Key Highlights
- MRF LTD. has amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information under the SEBI (Prohibition of Insider Trading) Regulations, 2015.
- The amended code includes a Policy for Determination of 'Legitimate Purposes'.
- The company has outlined principles to ensure prompt public disclosure of unpublished price sensitive information.
- MRF LTD. aims to avoid selective disclosure and handle all unpublished price sensitive information on a 'need to know' basis.
- The revised code is now available on the company's website.