Ameenji Rubber Ltd
Ameenji Rubber Ltd. Strengthens Transparency with New UPSI Disclosure Code 📜
- Submitted Code of Practices for Fair Disclosure of UPSI to BSE, aligning with SEBI PIT Regulations, 2015.
- Applies to all employees, directors, and authorized spokespersons to prevent selective disclosure.
- Defines key terms like UPSI, Insider, and Designated Persons to clarify compliance scope.
- Appointed a Chief Investor Relations Officer (CIRO) to oversee UPSI disclosures.
- Includes procedures for handling UPSI, addressing market rumors, and managing analyst interactions.
- Features a policy for sharing UPSI externally under 'Legitimate Purposes' with clear guidelines.
- Maintains a Structured Digital Database (SDD) to log UPSI sharing, ensuring audit trails.
- Violations may lead to disciplinary action, including termination, and SEBI penalties.
- Board retains authority to amend the Code as per evolving regulations.