StockWatch
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Breweries & Distilleries
Corporate Governance14 May 2026, 06:51 pm

United Spirits Amends Code for Fair Disclosure of UPSI

AI Summary

United Spirits Ltd's Board of Directors reviewed and amended the "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" in compliance with SEBI regulations. The amended code is available on the company's website. The code outlines principles and practices for handling UPSI, prohibiting insiders from communicating UPSI unless for legitimate purposes, duties, or legal obligations. It applies to all UPSI disclosures by the company, its subsidiaries, associates, and companies under the same management.

Key Highlights

  • United Spirits amends code for fair disclosure of UPSI as per SEBI regulations.
  • The amended code is available on the company's website.
  • The code prohibits insiders from communicating UPSI unless for legitimate purposes.
  • The code applies to disclosures by the company, subsidiaries and associates.
  • The amended code was approved on May 14, 2026, and is effective from May 15, 2026.