Diligent Media Corporation Limited has informed the Exchange regarding 'Amendment to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information'.
DNAMEDIA · price
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Diligent Media Corporation Limited (DNA Media, the company that publishes DNA newspaper) has updated its internal Code of Fair Disclosure of Unpublished Price Sensitive Information (UPSI). The amendment has been approved by the Board of Directors and is filed in line with SEBI's Insider Trading Regulations. The revised code (Version 3) includes a formal policy on what qualifies as a 'Legitimate Purpose' for sharing UPSI with third parties such as auditors, lenders, and advisors. It also mandates the maintenance of a structured digital database of people who receive such information and outlines penalties for violations. The updated code is now available on the company's website at www.dnaindia.com.
This is a routine regulatory compliance filing with no direct impact on business operations, financials, or stock price. It simply brings the company's insider trading policy up to date with current SEBI requirements and reinforces governance standards around handling sensitive information.