Prism Johnson Limited has informed the Exchange regarding amended 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information 'effective from June 10, 2025.
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Prism Johnson Limited has updated its internal Code for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) in line with recent amendments to SEBI's Prohibition of Insider Trading Regulations, 2015. The revised code will take effect from June 10, 2025, and is now available on the company's website. The updated code includes a broader definition of UPSI (covering 16 categories like financial results, dividends, mergers, fraud, forensic audits, etc.), clarifies the role of the Chief Investor Relations Officer, and lays down guidelines for handling market rumours, analyst interactions, and legitimate sharing of UPSI. It also mandates maintaining a structured digital database of UPSI sharing for at least eight years.
This is a routine regulatory compliance update with no direct impact on shareholders or the stock price. It reinforces the company's internal controls around insider trading and fair disclosure, which is standard for all listed companies following SEBI's updated regulations.