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Allcargo Terminals LimitedImportant, 15-11-2024: Updates

15-11-2024 | 04:18 pm

Key updates for Allcargo Terminals Limited focus on compliance with insider trading regulations. The company has implemented an updated Share Dealing Code, ensuring robust monitoring and regulation of trading activities in its securities.

The amended code emphasizes the handling of Unpublished Price Sensitive Information (UPSI), mandating strict confidentiality and outlining the responsibilities of insiders regarding the communication and trading of UPSI. Notably, a comprehensive structure for preventing insider trading has been established, ensuring all designated persons are aware of regulations that safeguard against unethical trading practices.

This proactive step not only aims to reinforce investor confidence but also mitigates potential compliance risks. Investors are advised to watch closely for the effectiveness of these measures in maintaining market integrity and fostering transparency within the company.

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