Shipping Corporation of India Land and Assets Limited — Important, 17-01-2025: Updates
The Company has updated its Code of Conduct for Prohibition of Insider Trading, which will be effective immediately. This updated Code aims to enhance transparency and ensure ethical standards within the organization. Significant provisions include a defined procedure for handling Unpublished Price Sensitive Information (UPSI), restrictions on trades while in possession of UPSI, and stringent reporting obligations for designated persons and their immediate relatives. The Compliance Officer will oversee adherence to these guidelines, which should bolster investor confidence and align with best practices in corporate governance. Stakeholders and investors should watch closely as these changes reflect SCILAL's commitment to integrity and transparency.
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