Pursuant to Regulation 8(2) of SEBI (PIT) Regulations, please find attached code of practices and procedure for fair disclosure of unpublished price sensitive information framed and approved ....
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Awaiting price reaction for this filing.
Airfloa Rail Technology Limited has submitted its 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI)' to BSE under Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The Code was originally approved by the Board of Directors on December 12, 2024, and the document has now been filed with the exchange on September 25, 2025. The Code outlines definitions of insiders, designated persons, and connected persons, sets rules for confidentiality, trading windows, pre-clearance of trades, and disclosure of trading by promoters, directors, and key managerial personnel. It also includes a separate policy for determination of 'legitimate purposes' for sharing UPSI with advisors, auditors, and other parties. The Code will also be hosted on the company's website.
This is a routine regulatory compliance filing with no direct impact on shareholders or stock price. It reinforces the company's insider trading controls and transparency standards, which is a positive governance signal for retail investors.