Om Power Transmission Limited has informed the Exchange regarding 'Intimation under Regulation 8(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015'.
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Om Power Transmission Limited has informed exchanges that its Board of Directors has approved and adopted a Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI), as required under SEBI PIT Regulations. The code establishes policies for handling, disclosing, and sharing UPSI appropriately with stakeholders like analysts, investors, and regulatory authorities. It defines UPSI categories, appoints the CFO as Investor Relations Officer, and outlines procedures for responding to market rumors. The code also includes a policy for determining legitimate purposes for sharing UPSI with partners, lenders, and advisors. The policy is available on the company's website at ompowertransmission.com.
This is a standard regulatory compliance filing that establishes governance frameworks for insider trading prevention. It does not contain any new business information or price-sensitive details, and has no immediate impact on the stock price. However, it demonstrates the company's commitment to maintaining proper disclosure standards.