Announced Thu, 5 Mar · 16:56 IST

Please find attached the revised code of fair Disclosure approved by Board in its meeting held on 05-03-2026

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Uday Jewellery Industries informed the BSE that its Board of Directors approved a revised Code of Fair Disclosure on March 5, 2026, in compliance with SEBI's Prohibition of Insider Trading Regulations, 2015. The Code sets out how the company will handle and share Unpublished Price Sensitive Information (UPSI) — covering financial results, dividends, changes in capital structure, M&A activity, and key managerial personnel changes. It designates roles such as Chief Investor Relations Officer (CIRO) and Compliance Officer for overseeing disclosures, lists persons considered 'designated persons' (promoters, directors, KMPs, certain employees), and defines 'legitimate purposes' for sharing UPSI with auditors, advisors, lenders, etc. The revised Code also includes a Structured Digital Database requirement to track UPSI sharing, to be preserved for at least 8 years.

Likely market impact

This is a routine regulatory compliance update with no direct impact on the company's financials or stock price. It reinforces the company's insider trading controls and disclosure practices, which is positive for governance but not a material catalyst for shareholders.