Announced Wed, 21 May · 18:24 IST

Amendment of Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and Immediate Relatives of Designated Persons"

BLIL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

On 21st May 2025, the Board of Directors of Balmer Lawrie Investments Ltd approved an amendment to its 'Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and Immediate Relatives of Designated Persons.' This code is formulated under Regulation 9 of SEBI's Prohibition of Insider Trading Regulations, 2015. The revision was disclosed to the stock exchange under Regulation 30 of the SEBI Listing Regulations. The updated code is now available on the company's website. No further details on the specific changes were provided in the filing.

Likely market impact

This is a routine regulatory compliance update with no direct financial impact on shareholders. It reinforces the company's framework to prevent insider trading by key personnel, which is a positive governance signal but unlikely to move the stock price.