ALPHA TRIBE

MRF LimitedImportant, 07-02-2025: Updates

07-02-2025 | 12:03 pm

MRF Limited has provided an updated Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information and a policy for determining "Legitimate Purposes." This comprehensive document is aimed at enhancing transparency and compliance with insider trading regulations. Key points in the code emphasize the importance of promptly disclosing significant information to the public, ensuring uniform dissemination to avoid selective disclosures, and clearly assigning the Chief Investor Relations Officer (CIRO) responsibilities for overseeing such disclosures. The policy outlines conditions under which unpublished price-sensitive information can be shared for legitimate business purposes while maintaining confidentiality. This move reflects a proactive approach to governance and investor relations, potentially boosting investor confidence and protecting shareholder interests moving forward.

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