
Corporate Governance7 Oct 2026, 12:44 pm
Shah Investors Home Adopts Fair Disclosure Code
AI Summary
Shah Investors Home Ltd has adopted its "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" as per Regulation 8(1) of the SEBI (PIT) Regulations, 2015. This code, approved by the Board of Directors, aims to regulate the handling and disclosure of Unpublished Price Sensitive Information (UPSI) to ensure fair disclosure and prevent insider trading. The document outlines definitions, applicability, compliance officer roles, confidentiality measures, and procedures for handling UPSI, including a structured digital database and a 'Chinese Wall' mechanism. It also details trading plans, holding periods, and penalties for contravention.
Key Highlights
- Company adopted a new code for fair disclosure of UPSI.
- Code aims to prevent insider trading and ensure transparency.
- Includes provisions for handling UPSI and compliance.
- Board of Directors approved the new code.
- Adherence to SEBI (PIT) Regulations, 2015 is emphasized.
Price Impact
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