Bajaj Auto Limited has informed the Exchange regarding 'Amendment to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information'.
BAJAJ-AUTO · price
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Bajaj Auto's Board has approved an updated Code for fair disclosure of unpublished price sensitive information (UPSI), in line with SEBI's insider trading regulations. The revised code updates definitions of UPSI across 16 categories including financials, dividends, mergers, ratings, and regulatory actions. It also formalises a policy on what counts as 'legitimate purposes' for sharing UPSI with third parties such as auditors, advisors, and regulators. The new code takes effect on 10 June 2025, replacing the earlier version last updated in March 2019, and is now available on the company's website.
This is a routine compliance update with no direct impact on business operations, financials, or shareholders. Investors should note the company's continued alignment with SEBI insider trading and disclosure norms, which supports transparent price-sensitive information sharing.