Artemis Medicare Services amends Fair Disclosure Code on May 8, 2026
Artemis Medicare Services Limited amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information on May 8, 2026. The updated code ensures timely and uniform disclosure of price-sensitive information to stakeholders.
This is an update to an existing compliance policy, not a material event that would directly impact the company's financials or stock price in the short term.
The announcement is a routine update regarding the company's internal code of conduct for fair disclosure, with no immediate financial implications or significant operational changes.
Artemis Medicare Services Limited has announced an amendment to its "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information". The updated code was approved by the Board of Directors on May 8, 2026, and is effective from that date. This code, originally adopted on February 4, 2019, aims to ensure timely and adequate disclosure of Unpublished Price Sensitive Information (UPSI) that could impact the company's securities, thereby maintaining uniformity, transparency, and fairness for all stakeholders. The company will disseminate UPSI uniformly to stock exchanges and post it on its website, www.artemishospitals.com/investors. The code also outlines procedures for handling UPSI on a need-to-know basis and defines authorized spokespersons for external communication. Additionally, a policy for determining legitimate purposes for sharing UPSI has been included, emphasizing that any such sharing must be in the ordinary course of business and in the best interests of the company.
The amended code details the norms for prompt public disclosure of UPSI, uniform dissemination to avoid selective disclosure, and the authority for disseminating information. It also specifies procedures for prompt dissemination of inadvertently disclosed UPSI and for providing fair responses to market rumors. The company will ensure that information shared with analysts and research personnel is public or simultaneously made public, with at least two authorized representatives present at all meetings and conference calls with analysts. Transcripts and recordings of such meetings will be uploaded on the company's website as per applicable laws. All UPSI is to be handled on a need-to-know basis, with safeguards such as secure file storage, password protection for computer files, and deletion/destruction of files after use.
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Artemis Medicare Services Limited filed this with the NSE as a statutory disclosure, categorised under corporate governance report. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Artemis Medicare Services Limited. Read the original for the full detail.