MENONBENSEMenon Bearings LimitedLowNeutral
Announced Sun, 18 May · 16:35 IST

Menon Bearings Limited has informed the Exchange regarding approval and adoption of revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information''.

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AI summary

Menon Bearings Limited has informed the stock exchanges that its Board of Directors approved a revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information at a meeting held on 15th May 2025. The revised code is in compliance with SEBI's Prohibition of Insider Trading Regulations, 2015 (Regulation 8(1)). The new code will take effect from 10th June 2025 and has also been uploaded to the company's official website (www.menonbearings.com). The code outlines how the company will handle and disclose price-sensitive information to ensure timely, fair, and adequate disclosure to investors, including guidelines for dealing with analysts, media, and institutional investors.

Likely market impact

This is a routine regulatory compliance update with no direct impact on the company's financials or operations. It reinforces the company's commitment to fair disclosure practices and may help maintain investor confidence in transparent communication.