Announced Sat, 30 May · 12:07 IST

Reliance Chemotex Industries Limited has informed the Exchange about Intimation Of Amended Code For Fair Disclosure Of UPSI

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AI summary

Reliance Chemotex Industries Limited has informed stock exchanges that its Board of Directors, on May 29, 2026, approved amendments to its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). The amendment is made pursuant to Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The updated code reinforces the company's commitment to preserving confidentiality of UPSI, ensuring uniform dissemination to prevent selective disclosure, and sets guidelines for sharing UPSI only on a 'need-to-know' basis for legitimate business purposes. The code also requires a Structured Digital Database to log persons with whom UPSI is shared, including their PAN or other identifiers.

Likely market impact

This is a routine compliance filing and does not indicate any regulatory action or investigation. It reflects the company's periodic update of its insider trading compliance framework and has no direct impact on the stock price in the short term.