TRIDENTNSETrident Limited· Textile ProductsMinimalNeutral
Announced Wed, 21 May · 14:47 IST

Trident Limited has informed the Exchange regarding 'Amendment to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information'.

TRIDENT · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Trident Limited has updated its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI), as required under SEBI's Prohibition of Insider Trading Regulations, 2015. The amendment incorporates recent SEBI changes and expands the definition of price sensitive information to include events like changes in credit ratings, forensic audits, insolvency proceedings, and regulatory actions. The updated code will take effect from June 10, 2025, and has been signed by Company Secretary Sushil Sharma. The amended code is now available on the company's official website.

Likely market impact

This is a routine regulatory compliance update with no direct impact on business operations or shareholder value. It reinforces Trident's framework for timely and fair disclosure of material information to the stock exchanges, which supports transparency and reduces insider trading risk.