Submission of Structured Digital Database compliance certificate for the quarter ended on March 31, 2025.
SCODATUBES · price
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Scoda Tubes has submitted a compliance certificate to NSE and BSE confirming it maintains a Structured Digital Database (SDD) as required under SEBI's Prohibition of Insider Trading Regulations. The certificate, issued by Practicing Company Secretaries ALAP & Co. LLP, confirms the database is in place with proper access controls, audit trail, and 8-year record retention capability. During the January–March 2025 quarter, the company was required to log 2 events of unpublished price-sensitive information (UPSI) and has captured both. The auditors noted that while no non-compliance was observed during the previous year, the UPSI entries were logged into the SDD software with a delay from their actual sharing date.
This is a routine quarterly regulatory filing with no direct impact on the stock price or business. The minor delay in logging sensitive information entries is a small governance flag but does not amount to a non-compliance finding, so it should not concern shareholders materially.