Amendment to Code of practices and procedures for fair disclosure of unpublished price sensitive information of the Bank ( the Fair Disclosure Code ).
AXISBANK · price
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Axis Bank's Board of Directors approved amendments to its Fair Disclosure Code on July 17, 2025, effective the same day. The code is mandated under SEBI's Prohibition of Insider Trading Regulations, 2015, specifically Regulation 8(2). The amended code defines what constitutes Unpublished Price Sensitive Information (UPSI), sets out procedures for fair public disclosure of material events, and establishes rules for sharing UPSI for legitimate purposes. It also requires the bank to maintain a Structured Digital Database to track who has shared or received UPSI. The updated code has been filed with both NSE and BSE.
This is a routine regulatory compliance update with no material impact on shareholders or the stock price. It strengthens the bank's internal controls around insider trading prevention and ensures better transparency in disclosing price-sensitive information.