BSEMinimalNeutral
Announced Fri, 30 May · 18:54 IST

Copy of "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" of the Company, is attached.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Reliance Industries Limited has submitted its updated 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI)' to BSE and NSE as required under SEBI's Insider Trading Regulations. The original code was approved by the Board on April 17, 2015, and was recently amended on April 25, 2025. The code outlines how RIL handles sensitive price-moving information, ensuring uniform and timely public disclosure, and designates a Chief Investor Relations Officer (CIRO) reporting to the CFO to oversee compliance. It also restricts employees from responding to stock exchange, media, or other queries unless authorized by the CIRO or CFO.

Likely market impact

This is a routine regulatory compliance filing with no direct impact on the stock price or shareholders' holdings. It reinforces RIL's governance framework for handling sensitive information and may provide minor comfort to investors regarding disclosure transparency.