Hindustan Composites Limited — Important, 10-02-2025: Updates
The company has submitted a revised Code of Practices and Procedures for fair disclosure of unpublished price-sensitive information to stock exchanges. The new code, which has been approved by the Board of Directors, enhances the existing framework to ensure timely and equitable disclosure of such information.
This amended code aims to protect investors' interests by promoting transparency and reducing the risk of insider trading. It outlines responsibilities for handling unpublished price-sensitive information on a need-to-know basis, establishes a Chief Investor Relations Officer to oversee compliance, and sets guidelines for interacting with analysts and the media. The updated policies are now available on the company’s website, reinforcing its commitment to corporate governance and investor relations. These developments suggest a proactive approach to regulatory compliance that could potentially enhance investor confidence and market perception.
