Pursuant to Regulation 8 (2) of SEBI (Prohibition of Insider Trading), Regulations 2015, and any other provisions as may be applicable, we wish to inform that the Board of Directors of the Company at its meeting held on 02 Apr 2025 approved the revised Code of Conduct for Prevention of Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information (Insider Trading Code) for implementation in the Company. The amended copy of the Insider Trading Code is enclosed herewith, and the same is also available on the website of the Company (www.grse.in). This is for your information and record.
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Garden Reach Shipbuilders & Engineers (GRSE) announced that its Board of Directors approved a revised Code of Conduct for Prevention of Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information on 2 April 2025. The update was made to comply with SEBI's Prohibition of Insider Trading Regulations, 2015 (Regulation 8(2)). The amended code has been shared with the exchanges and is available on the company's website (www.grse.in). This is a standard governance and regulatory compliance update with no change to business operations.
This is a routine regulatory filing with no direct impact on shareholders or stock price. It reinforces GRSE's governance framework around insider trading disclosures, which is generally viewed as a positive signal for transparency.