Deepak Nitrite Limited has informed the Exchange regarding 'Amendment to the Code of Practices and Procedure for Fair Disclosure of UPSI'.
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Deepak Nitrite has amended its Code of Fair Disclosure for Unpublished Price Sensitive Information, as approved by the Board on February 12, 2026. The revision incorporates recent changes to the SEBI (Prohibition of Insider Trading) Regulations, 2015, under Regulation 8(2). The updated code covers what qualifies as UPSI (financial results, dividends, mergers, changes in KMP, ratings, fraud/defaults, regulatory actions, etc.), how UPSI should be disclosed promptly and uniformly to stock exchanges, and the concept of 'legitimate purpose' for sharing such information. It also mandates maintaining a structured digital database of UPSI recipients with internal controls and audit trails.
This is a routine regulatory compliance update with no material impact on the company's operations or financial performance. It reinforces Deepak Nitrite's insider trading controls and disclosure practices but is unlikely to move the stock price.