
Technocraft Ventures Submits Fair Disclosure Code
Technocraft Ventures Ltd has submitted its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) as per SEBI PIT Regulations. The code, framed under Regulation 8(1) and submitted under 8(2), aims to preserve confidentiality of UPSI and prevent its misuse. It ensures timely and universal dissemination of UPSI to maintain transparency and fairness for all stakeholders. The code outlines principles for prompt public disclosure of UPSI impacting price discovery, uniform dissemination to stock exchanges and website, and handling of press releases and investor presentations. It also details procedures for sharing UPSI for legitimate purposes and maintaining a structured digital database of recipients. The Compliance Officer will act as the Chief Investor Relations Officer (CIRO) for these disclosures.
Key Highlights
- Company submits Code of Practices for Fair Disclosure of UPSI.
- Code aims to prevent misuse and ensure timely, universal dissemination.
- UPSI to be disclosed promptly to stock exchanges and website.
- Procedures for sharing UPSI for legitimate purposes detailed.
- Compliance Officer designated as Chief Investor Relations Officer.
Price Impact
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