Compliance certificate of Structured Digital database pursuant to priovisions of Regulation 3(5) and Regulation 3(6) of SEBI (prohibition of Insider Trading) Regulation 2015. for the quarter ended 30th June 2025
GUJRAFFIA · price
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Gujarat Raffia Industries Limited submitted its quarterly compliance certificate for the Structured Digital Database (SDD) under SEBI's Insider Trading Regulations for the quarter ended 30th June 2025. The company confirmed it has an SDD in place with access controls, audit trails, and the ability to retain records for 8 years. However, the Practicing Company Secretary flagged a partial compliance issue: out of 3 events required to be captured during the quarter, only 1 was logged. The reason cited is pending software renewal. No other non-compliances were reported for the quarter.
This is a routine regulatory filing with a minor compliance gap. The shortfall in capturing UPSI events due to software renewal is procedural and unlikely to materially affect the stock, but it signals a temporary lapse in insider-trading record-keeping that investors tracking governance may want to monitor.