Amended Code of Practice and procedure for fair disclosure of UPSI.
Price
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On March 19, 2026, the Board of Directors of Suraj Industries Ltd approved amendments to its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI), in line with SEBI's Prohibition of Insider Trading Regulations, 2015. The amended code lays out the framework for timely, uniform, and accurate disclosure of price-sensitive information, defines key terms like 'insider', 'connected person', 'immediate relative', and 'legitimate purpose', and sets the Company Secretary as the Chief Investor Relations Officer (CIRO). It also includes rules for sharing UPSI with analysts and investors, maintaining a structured digital database of recipients, and enforcing penalties for violations. The amended code has been uploaded to the company's website.
This is a routine regulatory compliance update with no material impact on shareholders or stock price. It reinforces the company's adherence to SEBI insider trading norms and transparency standards, but does not signal any business or financial change.