CDSL has informed the Exchange regarding 'Code of Conduct under SEBI(PIT) Reg., 2015'.
CDSL · price
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CDSL has submitted to NSE an amended version of its Fair Disclosure Code, which governs how the company handles and discloses Unpublished Price Sensitive Information (UPSI). The Board of Directors approved the revised code (Version 06) at its meeting on May 3, 2025, as part of the mandatory triennial review required under SEBI's Prohibition of Insider Trading Regulations, 2015. Key updates include a new provision requiring entry of externally-sourced information into a structured digital database within 2 calendar days of receipt, updated policy review clauses, and provisions allowing SEBI regulations to override the policy in case of any inconsistency. The policy covers the role of the Chief Investor Relations Officer, principles of fair disclosure, legitimate purpose for sharing UPSI, and database maintenance with audit trails.
This is a routine regulatory housekeeping update with no material impact on business, operations, or shareholder value. Such policy reviews are standard compliance exercises mandated by SEBI every three years and are unlikely to affect the stock price.