Annu Projects Adopts Code for Fair Disclosure of UPSI
Annu Projects Limited has adopted a Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) under SEBI PIT Regulations. The code, adopted on May 22, 2025, ensures fair disclosure and confidentiality of UPSI. It applies to all insiders and will be effective upon the company's stock exchange listing.
The adoption of a compliance code is a routine regulatory procedure and is unlikely to have a significant immediate impact on the company's stock price or business operations.
The announcement is about the adoption of a compliance code, which is a standard regulatory requirement. It does not contain any new financial information or business developments that would inherently be positive or negative.
Annu Projects Limited has officially adopted and enclosed its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). This code has been framed under Regulation 8(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
The Board of Directors adopted this code on May 22nd, 2025. The code outlines principles, obligations, and procedures for the fair disclosure of UPSI, emphasizing prompt public disclosure, uniform dissemination, and the role of a Chief Investor Relations Officer. It also details the handling of UPSI on a need-to-know basis and the maintenance of a structured digital database for information sharing.
The company is committed to transparency and fairness in dealing with all stakeholders, ensuring adherence to all applicable laws and regulations. The code applies to all "Insiders," including connected and designated persons and their immediate relatives. The policy will become effective from the listing of the Company’s shares on the stock exchanges.
A plain-language summary of a public exchange filing by Annu Projects Limited. Read the original for the full detail.