Steel City Securities Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
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Steel City Securities Limited has informed the NSE that the trading window for dealing in the company's shares will be closed for designated persons and their immediate relatives. This closure is in compliance with SEBI's Insider Trading Regulations, 2015. Trading windows are typically shut ahead of board meetings where financial results or other price-sensitive information is discussed. The window usually remains closed until 48 hours after the relevant information is made public.
Insiders and their relatives cannot buy or sell the company's shares during the closed period. For retail investors, this signals that a material announcement — most likely quarterly/annual financial results — may be forthcoming.