Structural Digital Database Compliance Certificate for year ended March 31, 2025
NIBL · price
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NRB Industrial Bearings has submitted its annual Structured Digital Database (SDD) Compliance Certificate to the stock exchanges for the financial year ended March 31, 2025. The certificate, issued by practising company secretary J. J. Gandhi & Co., confirms that the company maintains a proper digital database to track Unpublished Price Sensitive Information (UPSI) as required by SEBI's insider trading regulations. The auditor verified that access controls are in place, all UPSI events are recorded with date and time, the database is non-tamperable, and records are maintained for 8 years. The company captured 7 required events during the year, including unaudited/audited financial results, a family settlement, and an inter-corporate agreement, and has been found fully compliant.
This is a routine regulatory compliance filing with no material business or financial impact on shareholders. It simply confirms the company is following SEBI's insider trading rules, which is positive for governance but unlikely to move the stock price.