Karnataka Bank Ltd

📋 Karnataka Bank Updates Insider Trading & Disclosure Codes

- Board approved updated Code of Conduct for Insider Trading and Fair Disclosure of UPSI on March 27, 2026

- Trading restrictions apply during closed windows (e.g., quarter-end until 48 hours after results submission)

- Pre-clearance required for trades exceeding 10,000 shares or ₹10 lakh in value

- Contra-trades prohibited within six months; trade plans need Compliance Officer approval

- Mandatory quarterly disclosures if trades exceed ₹10 lakh value

- Designated persons include directors, executives at Chief Manager level and above, plus specific department employees

- Compliance Officer oversees implementation and maintains restricted securities list

- Updated codes available on bank's website with version control