Chalet Hotels Limited has informed the Exchange regarding 'Revised Code for fair disclosure of Unpublished Price Sensitive Information'.
CHALET · price
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Chalet Hotels Limited has submitted an amended Code for fair disclosure of Unpublished Price Sensitive Information (UPSI) to the stock exchanges, as required under SEBI's Insider Trading Regulations. The revised Code was approved by the Board of Directors at its meeting held on November 4, 2025 and is effective from the same date. This is the third amendment, with prior updates made in March 2019 and May 2025. The Code outlines how the company identifies, handles, and shares sensitive information such as financial results, dividends, mergers, changes in capital structure, and other material events. It defines roles of the Chief Investor Relations Officer (CIRO) and Compliance Officer, sets rules for sharing UPSI on a need-to-know basis, mandates a structured digital database for tracking who receives such information, and details the inquiry process for any suspected leak of UPSI.
This is a routine regulatory compliance update with no direct impact on the company's financials or stock price. It reinforces the company's internal governance framework around handling price-sensitive information and is a standard SEBI requirement for all listed companies.