Tata Chemicals Limited has informed the Exchange regarding 'Adoption of revised Code of Corporate Disclosure Practices and Policy on determination of Legitimate Purpose '.
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Tata Chemicals has informed the stock exchanges that it has adopted a revised Code of Corporate Disclosure Practices along with a new Policy on Determination of Legitimate Purpose. The update is being made under Regulation 8(2) of SEBI's Prohibition of Insider Trading Regulations, 2015 (as amended). The revised code and policy have been uploaded on the company's website. The communication is signed by Rajiv Chandan, Chief General Counsel and Company Secretary.
This is a routine regulatory compliance update with no material impact on the company's financials or operations. Shareholders and investors are unlikely to see any direct effect on the stock price from this disclosure.