Star Health and Allied Insurance Company Limited — Important, 28-01-2025: Updates

Star Health and Allied Insurance Company has provided an amended Policy on Insider Trading, reinforcing its commitment to preventing insider trading and providing guidelines for handling Unpublished Price Sensitive Information (UPSI). The revised policy, approved by the Board of Directors, includes updates to ensure compliance with the latest regulations and establishes clear roles and responsibilities for insiders, the Compliance Officer, and the Board. The policy emphasizes restrictions on trading during closed windows and mandates pre-clearance for larger transactions. It stipulates penalties for violations, focusing on maintaining transparency and integrity in trading practices. This updated approach enhances governance and could positively impact investor confidence. Watch closely for any further regulatory developments or adjustments to trading practices following these changes.