Asian Paints Limited has informed the Exchange regarding 'Revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information'.
ASIANPAINT · price
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Asian Paints Limited has amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, effective 10th June 2025. This is the fourth revision of the code, updated to align with the latest amendments to SEBI's Prohibition of Insider Trading (PIT) Regulations, 2015. The revised code defines what counts as unpublished price-sensitive information (UPSI), outlines how it must be shared only on a need-to-know basis, and details the role of the Chief Investor Relations Officer (CIRO) in overseeing disclosures. It also lays down rules for media and analyst interactions, a list of situations considered 'legitimate purpose' for sharing UPSI (such as with auditors, legal advisors, or regulators), and how rumours should be handled. The filing was signed by R J Jeyamurugan, CFO, Company Secretary and Compliance Officer.
This is a routine regulatory compliance update with no direct impact on shareholders, operations, or stock price. It strengthens Asian Paints' internal framework for fair and uniform disclosure of material information to the market.