Supreme Petrochem Limited has informed the Exchange about Amendment of Policy on Code of Practices and Procedures for Fair Disclosures of Unpublished Price Sensitive Information of the Company.
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Supreme Petrochem Limited has amended its Code of Practices and Procedures for Fair Disclosures of Unpublished Price Sensitive Information, effective July 23, 2025. The amendment is in compliance with Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, incorporating recent SEBI changes. The updated code outlines fair disclosure principles, the role of the Chief Investor Relations Officer (CIRO), handling of market rumors, disclosures to analysts, and the policy for determining 'Legitimate Purpose' for sharing UPSI. It also covers maintenance of a Structured Digital Database of persons receiving UPSI and penalties for policy violations. The amended code has been uploaded to the company's website and intimated to the stock exchanges.
This is a routine regulatory compliance update with no direct impact on shareholders or the stock price. It reinforces the company's insider trading controls and transparency framework in line with current SEBI norms.