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NTPC LimitedImportant, 24-02-2025: Updates

24-02-2025 | 05:44 pm

NTPC has introduced an amended “Code for Prevention of Insider Trading in the Securities”, effective from 1st April 2019, with recent amendments dated 7th June 2024 and 24th February 2025. The code outlines procedures for maintaining confidentiality of Unpublished Price Sensitive Information (UPSI) and ensuring compliance with regulations to prevent insider trading. It specifies categories of connected persons, designated employees, and their obligations in handling and trading securities. Moreover, it details the trading window closure protocols, trading plans, and the requirements for pre-clearance of trades. The Compliance Officer is tasked with overseeing adherence to the code and reporting on its implementation to the Audit Committee and the Board. Key measures emphasize the importance of internal controls and the potential penalties for violations, safeguarding market integrity and promoting fair disclosure practices. A vigilant approach to compliance is essential for all insiders associated with NTPC.

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