Adoption of revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information under SEBI (Prohibition of Insider Trading) Regulations, 2015 ('the Insider ....
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Walchand Peoplefirst Ltd has informed BSE that its Board of Directors adopted a revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) at a meeting held on July 31, 2025. This is done pursuant to Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The previous code was effective from April 1, 2019, and the revised version becomes effective from July 31, 2025. The revised code outlines how the company will handle confidential price-sensitive information, who qualifies as an insider, what counts as legitimate purpose for sharing UPSI, and the role of the Compliance Officer. The full code has been uploaded to the company's website.
This is a routine regulatory compliance update and does not impact the company's financials or operations. Shareholders should note the strengthened governance framework around handling of price-sensitive information, which is positive for transparency and insider trading prevention.