Revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information
HONASA · price
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Honasa Consumer Ltd has filed a revised Fair Disclosure Code under SEBI regulations, approved by its Board on May 21, 2026. The updated code establishes procedures for handling Unpublished Price Sensitive Information (UPSI), including guidelines for prompt, non-discriminatory disclosure to the public and stock exchanges. It defines the Chief Financial Officer as the Chief Investor Relations Officer and outlines how UPSI may be shared with stakeholders like partners, lenders, customers, and advisors for legitimate business purposes. The code also covers investor communications, analyst interactions, and handling of market rumours. This is a standard regulatory compliance update required under SEBI's Prohibition of Insider Trading Regulations.
This filing has no direct impact on the company's financials or near-term stock performance. It represents routine regulatory compliance to strengthen internal controls around confidential information handling. For investors, it signals the company's continued adherence to good governance practices.