
Corporate Governance28 Oct 2026, 04:50 pm
Paras Healthcare Adopts SEBI PIT Regulations Code for Fair Disclosure
AI Summary
Paras Healthcare Ltd has adopted and approved a "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" (UPSI) as per Regulation 8(2) of the SEBI PIT Regulations. The code, approved by the Board of Directors on October 26, 2026, aims to ensure timely and adequate disclosure of UPSI to maintain uniformity, transparency, and fairness. It has been made available on the company's website and will be hosted there. The code defines key terms like UPSI and Legitimate Purpose and outlines principles for prompt disclosure, refraining from discriminatory disclosure, appointing a Chief Investor Relations Officer, and managing UPSI on a need-to-know basis.
Key Highlights
- Company adopted Code of Practices for Fair Disclosure of UPSI.
- Code aligns with SEBI PIT Regulations, ensuring transparency.
- UPSI to be disclosed promptly and uniformly.
- Information managed on a 'need-to-know' basis.
- Code available on the company's investor website.
Price Impact
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