BSEMinimalNeutral
Announced Mon, 9 Jun · 16:16 IST

The Amended Code is enclosed

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

3M India Limited has amended its internal Code for Fair Disclosure of Unpublished Price Sensitive Information (UPSI), in line with the latest changes to SEBI's Prohibition of Insider Trading Regulations, 2015. The amended code, effective May 28, 2025, was submitted to BSE and NSE on June 9, 2025. It outlines how UPSI — such as financial results, dividends, mergers, leadership changes, and regulatory actions — will be handled, and assigns the Company Secretary as Compliance Officer and the Managing Director as Chief Investor Relations Officer. The code also formalises rules around sharing UPSI for legitimate purposes (e.g., with auditors, lenders, advisors) and requires a digital database to log such disclosures.

Likely market impact

This is a routine regulatory compliance update and is not expected to have any direct impact on shareholders or the stock price. Investors can view the amended code on the company's website for transparency on how sensitive corporate information is managed.