BSEGSB Finance LtdMinimalNeutral
Announced Mon, 2 Mar · 17:59 IST

Intimation of the updated ''Code of Fair Disclosure'' adopted by the Board.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GSB Finance Ltd has informed BSE that its Board of Directors, at a meeting held on 2nd March 2026, approved an amended 'Code of practices and procedures for fair disclosure of Unpublished Price Sensitive Information (UPSI)'. The update is filed under Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The revised Code defines what counts as UPSI, sets rules for how the company will publicly disclose sensitive information, designates the CFO as the Chief Investor Relations Officer, and adds a formal policy for sharing UPSI for 'legitimate purposes' such as with auditors, lenders, legal advisors, and consultants. It also requires maintaining a structured digital database of people who receive UPSI. The updated policy will be posted on the company's website.

Likely market impact

This is a routine governance and compliance update with no direct impact on business, financials, or stock price. It simply brings the company's insider trading disclosure framework in line with current SEBI requirements, which is positive for transparency and corporate governance standards.