Siemens Limited has informed the Exchange regarding 'Please find enclosed revised "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information'.
SIEMENS · price
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Siemens Limited has submitted a revised 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information' to the stock exchanges, in compliance with Regulation 8 of SEBI's Prohibition of Insider Trading Regulations, 2015. The revised code lays out eight principles governing how the company handles price-sensitive information, including prompt public disclosure, uniform dissemination, appointment of a Chief Investor Relations Officer, and restricting UPSI sharing to a need-to-know basis. The code also spells out rules for engaging with analysts, institutional investors, and the media, such as requiring at least two company representatives at such meetings and uploading analyst presentations to the website. The revised code has also been uploaded on the company's website for public access.
This is a routine regulatory compliance filing and does not indicate any change in business performance or strategy. It reinforces Siemens' governance and disclosure framework, which may help maintain investor confidence but is unlikely to have any direct impact on the stock price.