We hereby submit the compliance under Regulation 8(2) of SEBI (PIT) Regulations, 2015, code of Practice and procedure for fair disclosure of UPSI as approved by the board od Directors in ....
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Neeraj Paper Marketing Ltd has informed BSE that its Board of Directors approved an amended Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) at a meeting held on May 30, 2025. The amended code will become effective from June 10, 2025, aligning with SEBI's amended Prohibition of Insider Trading (PIT) Regulations, 2025. The filing is submitted under Regulation 8(2) of the SEBI PIT Regulations, 2015 as a compliance requirement. The code outlines norms for prompt and uniform disclosure of UPSI, processes for disseminating information, dealing with analysts, maintaining digital databases of UPSI recipients, and sharing information on a need-to-know basis for legitimate purposes only.
This is a routine regulatory compliance update with no direct impact on the company's financials, operations, or stock price. It signals good governance practices and adherence to SEBI insider trading norms but holds no material investment significance for shareholders.