Intimation of amended code for Fair Disclosure of UPSI
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Reliance Chemotex Industries has amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). The amendment was approved by the Board of Directors on May 29, 2026, and filed with BSE and NSE on May 30, 2026. This is the third version of the code, with prior versions approved in February 2019 and February 2023. The updated code strengthens the company's insider trading compliance framework under SEBI Regulations, 2015, by detailing the role of the Chief Investor Relations Officer, criteria for determining 'legitimate purposes' for sharing UPSI, and requirements for maintaining a Structured Digital Database for tracking UPSI sharing. The code also covers handling of analyst meetings, investor conferences, and responses to market rumors.
This is a routine regulatory compliance filing with no direct impact on the stock price or business operations. It signals the company's continued adherence to SEBI insider trading norms, which is a positive governance practice.