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The South Indian Bank Ltd. has updated its Code of Conduct for Prevention of Insider Trading as part of a board meeting. The revised code includes various provisions designed to prevent insider trading, ensure compliance, and maintain confidentiality of unpublished price-sensitive information (UPSI). Key aspects include the identification of designated employees who are responsible for adhering to the insider trading regulations, maintaining a structured database of individuals privy to UPSI, and establishing protocols for the dissemination of such information. This revision is aimed at bolstering the safeguards against insider trading and enhancing transparency in line with regulatory requirements. Investors should pay attention to how these changes could impact the bank's governance practices and overall market reputation.