Neil Industries Revises Policy on UPSI Leak Inquiry

Neil Industries Ltd has amended its policy for the procedure of inquiry in case of leak or suspected leak of Unpublished Price Sensitive Information (UPSI). This revision is in line with SEBI's mandate to strengthen internal controls and prevent unauthorized sharing of UPSI, which can impact market price, reputation, and investor confidence. The updated policy outlines procedures for inquiry, empowers a committee to investigate, and mandates prompt reporting to the Board and SEBI. It applies to all directors, employees, and connected persons. The objective is to curb unethical practices and ensure compliance with insider trading regulations.