Smartworks Coworking Spaces Limited has informed the Exchange regarding 'Intimation under Regulation 8(2) of PIT Regulations, 2015'.
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Awaiting price reaction for this filing.
Smartworks Coworking Spaces Limited has submitted its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) to NSE and BSE on July 17, 2025. The filing is made under Regulation 8(2) of SEBI's Prohibition of Insider Trading (PIT) Regulations, 2015. The code defines what qualifies as UPSI — including financial results, dividends, mergers, changes in capital structure, and key personnel changes — and outlines how such information must be disclosed publicly. The CFO is designated as the Chief Investor Relations Officer to handle disclosures. The company is required to maintain a structured digital database of UPSI sharing for at least 8 years, and any insider trades exceeding Rs. 10 lakh must be disclosed within 2 trading days.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company has a proper framework in place to handle sensitive information and prevent insider trading, in line with SEBI requirements.