Star Cement Limited has informed the Exchange about the Code of Practices and Procedures
STARCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Star Cement's Board of Directors approved an amended Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) on 21st May 2025. The update was made to comply with the SEBI (Prohibition of Insider Trading) Amendment Regulation, 2025. The revised code outlines what counts as UPSI (financial results, dividends, mergers, rating changes, fund-raising, litigation outcomes, etc.), sets principles for fair and uniform public disclosure, and designates the Company Secretary as the Chief Investor Relations Officer. It also lays out a structured digital database to track who shares or receives UPSI for legitimate purposes, with strict confidentiality and audit trail requirements. The amended code replaces the earlier version and is available on the company's website.
This is a routine regulatory compliance update and is not expected to affect the company's financials, operations, or stock price. It reinforces the company's governance framework for preventing insider trading and ensuring timely, fair disclosure of material information to all shareholders.