NIMBSPROJBSENimbus Projects LtdLowNeutral
Announced Tue, 12 Aug · 19:45 IST

Intimation under Regulation 8(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015

NIMBSPROJ · price

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Price reaction · full curve

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AI summary

Nimbus Projects Ltd has informed the stock exchange that its Board of Directors approved an amendment to the company's Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information on August 12, 2025. This filing is made under Regulation 8(2) of SEBI's Prohibition of Insider Trading Regulations, 2015. The revised code outlines principles for prompt and uniform disclosure of price-sensitive information, designates a Chief Investor Relations Officer, and sets out policies on legitimate purpose, a structured digital database for tracking UPSI sharing, rumor verification, and need-to-know handling of sensitive data. The revised code is effective from August 12, 2025 and is available on the company's website.

Likely market impact

This is a routine regulatory compliance update with no direct impact on the company's financials, business operations, or shareholder value. It reinforces governance standards around insider trading and fair disclosure but does not signal any corporate action, earnings change, or strategic shift.