Intimation under Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 -Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information
SHADOWFAX · price
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Shadowfax Technologies Ltd has informed the stock exchanges that it has adopted a Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information (UPSI), as required under Regulation 8(1) and Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company has uploaded a copy of this Code on its website under the corporate governance section. This is a routine regulatory compliance filing and does not involve any business or financial event.
This is a standard governance and compliance disclosure with no direct impact on the company's financials or share price. It signals that the company is adhering to SEBI's insider trading and fair disclosure norms, which is positive for corporate governance standards.