Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information
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Monind Ltd has submitted a revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) to the BSE and Calcutta Stock Exchange. The revised code was approved by the company's Board of Directors at a meeting held on May 29, 2025 (from 11:30 AM to 1:10 PM), and became effective the same day. This submission is made under Regulation 8(2) of SEBI's Prohibition of Insider Trading Regulations, 2015. The code outlines how the company will handle and disclose price-sensitive information like financial results, mergers, changes in key personnel, and other material events in a fair and timely manner. The revised code will also be hosted on the company's website at www.monnetgroup.com. It was previously reviewed on March 30, 2019 and May 30, 2024.
This is a routine regulatory compliance update required by SEBI and does not have any direct impact on the stock price or shareholder value. It reflects the company's adherence to insider trading norms but involves no new business, financial, or strategic developments.