Promoter Reclassification22 May 2026, 06:21 pm
Sun Pharma: Promoter Reclassification & Revised Fair Disclosure Code
AI Summary
Sun Pharmaceutical Industries Ltd's board approved requests for reclassification of certain promoter group individuals to the 'Public' category, subject to necessary approvals. The board also approved and adopted the revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, effective from June 1, 2026, available on the company's website.
Key Highlights
- Promoter group individuals' reclassification to 'Public' category approved.
- Reclassification is subject to regulatory approvals.
- Revised Code of Fair Disclosure approved and adopted.
- Revised code effective from June 1, 2026.
- Board meeting commenced at 10:45 AM and concluded at 4:00 PM.
Price Impact
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