General Update on Review And Revision of Code of Conduct And Procedures For Fair Disclosure of Unpublished Price Sensitive Information (UPSI).
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Neil Industries Ltd has updated its internal Code of Conduct governing how the company handles and discloses price-sensitive information that is not yet public. The Board of Directors approved the revised code at a meeting held on July 18, 2025, under Regulation 8(2) of SEBI's Insider Trading Regulations, 2015. The revised code replaces the earlier version and is effective immediately from July 18, 2025. The updated policy covers definitions of insiders, designated persons, UPSI, fair disclosure practices, trading windows, pre-clearance rules, and penalties for violations. The amended code has been submitted to BSE and is also available on the company's website at www.neil.co.in.
This is a routine regulatory compliance update and does not directly affect the company's financials or operations. It reinforces internal controls around insider trading and disclosure practices, but is unlikely to have any material impact on the stock price or shareholder value.