BSEBelding India LtdMinimalNeutral
Announced Sat, 23 May · 07:57 IST

Amendment of Code of Practices and Procedures for fair disclosure of unpublished price sensitive information ("UPSI")

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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹1359.35
prior close
₹1427.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.3-0.5-0.5+10.2+15.8+17.7+15.5+18.5+13.2+4.6+10.2-27.7
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AI summary

Belding India Ltd (formerly Synthiko Foils Limited) has filed an amendment to its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) with BSE. The amendment was approved by the Board of Directors on May 22, 2026, and filed on May 23, 2026. The updated code covers principles of fair disclosure, sharing of UPSI for legitimate purposes, notice requirements to recipients, and maintenance of digital databases of UPSI recipients. This is a routine compliance filing under SEBI (Prohibition of Insider Trading) Regulations, 2015, requiring companies to establish frameworks for timely, adequate, and uniform disclosure of price-sensitive information.

Likely market impact

This is a standard regulatory compliance update with no direct impact on the company's financials or operations. It reflects the company's adherence to SEBI insider trading norms and ensures proper governance procedures are in place for handling unpublished price-sensitive information.