Corporate Governance2 Nov 2026, 06:45 pm
NSDL Updates Code for Fair Disclosure of UPSI
AI Summary
National Securities Depository Limited (NSDL) has updated its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). This update, approved by the Governing Board, aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015. The code outlines principles for fair disclosure, determination of legitimate purposes for sharing UPSI, and procedures for disclosure. It is applicable to all personnel who may possess UPSI and has been uploaded to the NSDL website and intimated to stock exchanges.
Key Highlights
- NSDL updates its Code of Practices for UPSI disclosure.
- Code aligns with SEBI (Prohibition of Insider Trading) Regulations.
- Framework ensures fair disclosure and equal access to information.
- Code is applicable to all personnel possessing UPSI.
- Updated code is available on NSDL's website.
Price Impact
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