Unichem Laboratories Limited — Important, 13-11-2024: Updates
Unichem Laboratories Limited has amended its ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI)’. The revised code aims to ensure confidentiality and prevent the misuse of UPSI while maintaining transparency with stakeholders. Key principles include timely public disclosure of UPSI, uniform dissemination to avoid selective disclosures, and a commitment to handle UPSI on a need-to-know basis. The Chief Investor Relations Officer will oversee compliance and the structured digital database of entities with whom UPSI is shared. This move emphasizes the company's commitment to maintaining integrity in its operations and adherence to industry regulations, positioning it favorably for ongoing investor confidence.
