Shipping Corporation Of India Limited has informed the Exchange regarding 'Amendment in SCI Code of Conduct for Prohibition of Insider Trading'.
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Shipping Corporation of India (SCI) has informed the stock exchanges about an amendment to its Code of Conduct for Prohibition of Insider Trading. The amended code was approved by the Board of Directors and is effective from 10 June 2025. The filing has been made under Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The amended code covers definitions of designated persons, connected persons, insiders, and Unpublished Price Sensitive Information (UPSI), along with rules on trading windows, pre-clearance, disclosures, and penalties for violations. The full amended code is available on the company's website at www.shipindia.com under the policies section.
This is a routine regulatory and corporate governance update with no direct impact on shareholders, financials, or stock price. It strengthens SCI's internal framework to prevent insider trading and ensures compliance with SEBI regulations.