VIVIDHANSEVisagar Polytex Limited· Textile ProductsLowNeutral
Announced Wed, 13 Aug · 17:43 IST

Visagar Polytex Limited has informed the Exchange regarding ''. Disclosure under Regulation 8(2) & 9(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Visagar Polytex Limited has submitted its amended Code of Conduct for regulating, monitoring, and reporting insider trading in the company's securities, along with the Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information (UPSI). The amended policy was approved by the Board of Directors at a meeting held on August 13, 2025, and is effective from the same date. The submission is filed under Regulation 8(2) & 9(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and disclosed to the exchanges under Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015. The detailed code covers definitions of insiders and designated persons, trading window restrictions, pre-clearance procedures, contra-trade rules, trading plan requirements, structured digital database maintenance, and penalties for violations. The signed filing was submitted by Tilokchand Kothari, Managing Director.

Likely market impact

This is a routine regulatory compliance update with no material impact on shareholders or stock price. It reinforces the company's internal governance framework around insider trading but does not signal any change in business operations, ownership, or financial performance.