Shyam Century Ferrous Limited has informed the Exchange about General Updates
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Shyam Century Ferrous Limited has updated its Code of Fair Disclosure of Unpublished Price Sensitive Information (UPSI) to align with the latest SEBI (Prohibition of Insider Trading) Amendment Regulations, 2025. The Board of Directors approved the amended code on 21st May, 2025, and it is effective from the same date. The revised UPSI definition (covering 15 categories including financial results, dividends, mergers, ratings, fund-raising, fraud, forensic audits, etc.) will become effective from 10th June, 2025. The updated code includes principles of fair disclosure, a policy for determining 'legitimate purposes' for sharing UPSI, and requirements for maintaining a structured digital database of insiders.
This is a routine regulatory compliance update and is unlikely to have any material impact on the stock price or shareholder value. It reflects the company's adherence to SEBI's latest insider trading norms and strengthens its disclosure governance framework.