Bharat Heavy Electricals Ltd

🔍 BHEL Updates Insider Trading Rules: Key Changes Effective 2025

- Revised 'Code of Conduct' effective from 29.10.2025, aligning with SEBI regulations.

- Applies to Directors, Key Managerial Personnel, and other designated employees + their immediate relatives.

- Pre-clearance required for trades exceeding 2,500 shares per transaction.

- Trading restrictions enforced during closed trading windows.

- UPSI (unpublished price-sensitive info) to be shared strictly on a need-to-know basis.

- Structured digital database to track UPSI sharing.

- Trading plans can be submitted for pre-approved execution (bypassing pre-clearance if compliant).

- Mandatory disclosures of securities holdings/trades for Promoters, Directors, and Designated Persons.

- Non-compliance penalties include sanctions, disciplinary action, and potential SEBI reporting.

- Code available on BHEL’s website; internal processes to ensure employee awareness.