Announced Fri, 23 May · 18:21 IST

Swan Defence and Heavy Industries Limited has informed the Exchange regarding 'amendment to code for fair disclosure of UPSI'.

SWANDEF · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The company has informed the stock exchange about an amendment to its Code for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). Under SEBI's insider trading regulations, every listed company must maintain such a code that lays down how it identifies, handles, and discloses price-sensitive information before it becomes public. The filing confirms that the company has reviewed and updated this internal policy. No specific financial numbers, deal details, or strategic changes are mentioned in the announcement.

Likely market impact

This is a routine compliance and corporate governance update, typically a neutral event for shareholders. It does not signal any new business development, financial result, or material change in operations.