Corporate Governance30 May 2026, 12:31 pm
Reliance Chemotex Amends Code for Fair Disclosure of UPSI
AI Summary
Reliance Chemotex Industries Ltd has amended its 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI)' in accordance with SEBI regulations. The amended code, approved by the Board of Directors on May 29, 2026, ensures timely and adequate disclosure of UPSI to maintain transparency and fairness for all stakeholders. The code is applicable to designated persons as defined in the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Key Highlights
- Reliance Chemotex amended its Code for Fair Disclosure of UPSI.
- The amended code was approved by the Board on May 29, 2026.
- The code ensures timely disclosure of unpublished price-sensitive information.
- The Company Secretary is the Chief Investor Relation Officer.
- UPSI sharing requires adherence to 'Legitimate Purpose' criteria.
Price Impact
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