Bajaj Finserv Limited has informed the Exchange regarding 'Amendment to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI)'.'
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Bajaj Finserv has informed the stock exchange about an amendment to its internal Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). This code is required under SEBI's Prohibition of Insider Trading (PIT) Regulations, 2015, and outlines how the company handles and discloses sensitive information to prevent insider trading. The amendment typically updates the framework to align with any changes in SEBI regulations or to strengthen existing disclosure processes. No specific details of the changes or reasons for the amendment have been provided in the filing.
This is a routine corporate governance and regulatory compliance update. It is unlikely to have any material impact on the stock price or shareholders, as such amendments are standard and periodically required to keep internal policies in line with SEBI norms.