Code of Conduct


Framed under Regulation 8(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The Company shall adhere to the following so as to ensure timely and adequate disclosure of price sensitive information with respect to it or its securities which is likely to affect price of the securities.

  1. The Company shall promptly make public disclosure of unpublished price sensitive information (UPSI) as soon as the information or decisions are validated by the Board to Stock Exchanges where the shares of the Company are listed and simultaneously upload such information on Company’s Official website in order to make such information generally available to investors and members of the Company.

  2. The Company shall make uniform and universal dissemination of unpublished price sensitive information to avoid selective disclosure.

  3. The Company Secretary/Compliance Officer of the Company is designated as the Chief Investor Relations Officer under this Code to deal with dissemination of information and disclosure of UPSI of the Company and the Company’s representative(s) meeting / sharing information with any analyst, research / institutional investors / others (“Analysts”) shall ensure to provide timely information (in advanced) which is shared with Analysts (including presentations) to the Compliance Officer.

  4. It shall be ensured that any unpublished price sensitive information which gets disclosed inadvertently is promptly disseminated through Stock Exchanges and made generally available.

  5. The Company shall ensure that appropriate responses and replies are promptly provided to the news reports and requests for verification of market rumours received from regulatory authorities.

  6. The Company will ensure that the information if any shared with analysts and research personnel is not unpublished price sensitive information.

  7. Best practices shall be followed to ensure the recordings, transcripts of the proceedings of the meetings with analysts and other investor relations conferences are disseminated by publishing the same on the website of the Company.

  8. Unpublished Price Sensitive Information is to be handled on need-to-know basis.


The Board of Directors of the Company may amend, abrogate, modify or revise any of or all clauses of this code in accordance with the applicable provisions of the regulations, listing agreement and guidance note issued by the stock Exchange.