Compliance Certificate for the quarter ended 31st December, 2025 pursuant to provisions of Regulation 3(5) and 3(6) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015
Awaiting price reaction for this filing.
Nitin Fire Protection Industries has submitted its quarterly Structured Digital Database (SDD) compliance certificate for the quarter ended December 31, 2025, as required under SEBI's Prohibition of Insider Trading Regulations. The certificate, issued by practicing company secretaries M/s. AVS & Associates, confirms the company maintains a tamper-proof digital database with controlled access and an audit trail, capable of retaining records for 8 years. The company was required to capture 2 UPSI (Unpublished Price Sensitive Information) events during the quarter and both were logged. However, a non-compliance was observed: the flow of UPSI sharing was recorded with a delay. The company attributes this to operational constraints during its period under liquidation, and states that post-revival, processes have been strengthened for real-time capture going forward.
This is a routine governance filing with no direct material impact on shareholders or the stock price. The disclosed delay in UPSI logging is a minor compliance lapse, but the company's explanation (liquidation-related constraints) and remedial steps taken post-revival suggest improving governance standards.