Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange regarding 'revised Code of Conduct for prevention of Insider trading in the securities of the Company'.
GNFC · price
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The Board of Directors of GNFC, at its meeting held on August 6, 2025, approved the amended Code of Conduct for prevention of Insider Trading in the company's securities, formulated under Regulation 9(1) of SEBI (Prohibition of Insider Trading) Regulations, 2015. This is the third revision of the code, with prior approvals on May 21, 2015 and November 13, 2024. The revised code sets out detailed rules on trading windows, pre-clearance requirements for trades above ₹10 lakhs, trading plans, disclosures by designated persons, and penalties for violations. The amended code has been made available on the company's website at www.gnfc.in.
This is a routine regulatory and governance update to align with SEBI's insider trading framework, with no direct impact on shareholders or stock price. It reinforces internal controls on trading by directors, KMPs, and senior employees, signalling strengthened compliance practices.