Please find attached herewith code of conduct for regulating, monitoring and reporting of trading by designated person.
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Awaiting price reaction for this filing.
Southern Infoconsultants Limited (formerly Southern Infosys Limited), listed on BSE under code 540174, has submitted its Code of Conduct to regulate, monitor and report trading by designated persons and their immediate relatives. This filing is made pursuant to Regulation 9(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The Code outlines rules around trading windows, pre-clearance requirements for trades exceeding Rs. 10 lakhs, six-month holding periods (contra-trade restrictions), disclosure obligations for promoters, directors, KMPs and connected persons, and penalties for non-compliance. A Compliance Officer will be responsible for monitoring adherence, maintaining records for five years, and reporting to the Board and Audit Committee.
This is a routine regulatory compliance filing with no material financial impact on shareholders. It reinforces governance and insider trading controls, which is positive for transparency but unlikely to move the stock price.