The Intimation is attached herewith.
Awaiting price reaction for this filing.
Alka India Limited's Board of Directors approved and adopted a new 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI)' on 30th May 2025, effective the same day. The code is filed under Regulation 8(2) of SEBI's Prohibition of Insider Trading Regulations, in line with the recent SEBI (PIT) Amendment Regulations, 2025. It lays down procedures for prompt and uniform disclosure of price-sensitive information, handling UPSI on a need-to-know basis, responding to news reports and rumours, and interacting with analysts. The company will designate a Chief Investor Relations Officer (CIRO) and maintain a structured digital database of persons with whom UPSI is shared. Annexure A includes a separate Policy on Determination of Legitimate Purpose, listing who can receive UPSI — such as promoters, auditors, lenders, suppliers, legal advisors, and consultants.
This is a routine SEBI-mandated compliance filing and is unlikely to directly move the stock price. It reflects the company's adherence to insider trading norms and corporate governance standards, which is mildly positive for transparency and shareholder trust.