Intimation under Regulation 8(2) of SEBI (Prohibition of Insider Trading) Regulation, 2015
Awaiting price reaction for this filing.
Poonawalla Fincorp Limited has submitted its amended 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI)' to BSE and NSE, as required under Regulation 8(2) of SEBI's Insider Trading Regulations, 2015. The amended Code was approved by the Board of Directors at its meeting held on April 25, 2025. The Code outlines procedures for handling UPSI, including definitions of insiders, legitimate purpose for sharing information, role of the Chief Investor Relations Officer (CIRO), fair disclosure principles, and dealing with market rumours and analyst interactions. The full Code is also available on the company's investor governance webpage. The original Code was first adopted on May 8, 2015, and is periodically reviewed by the Board.
This is a routine regulatory compliance filing and not a material business event. It reflects the company's adherence to SEBI insider trading norms and is unlikely to have any direct impact on the stock price or shareholder value. It signals ongoing good governance practices.