Innovision Limited has informed the Exchange about Code of Conduct under PIT Regulations
INNOVISION · price
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Innovision Limited has submitted its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) to BSE and NSE, as required under Regulation 8(2) of SEBI's Prohibition of Insider Trading Regulations, 2015. The code outlines how the company will handle sensitive information like financial results, dividends, mergers, and key personnel changes to prevent insider trading. It designates a Compliance Officer as the Chief Investor Relations Officer responsible for timely, uniform disclosure of material information to stock exchanges and the company's website. The code also mandates maintaining a structured digital database of people who receive UPSI for legitimate purposes. The effective date of the code is 16 July 2024, and it has been signed by Chairman and Managing Director Randeep Hundal.
This is a routine regulatory compliance filing with no direct impact on shareholders or stock price. It reflects the company's adherence to SEBI's insider trading norms, which helps maintain market integrity and transparency around price-sensitive information.