Carborundum Universal Limited — Important, 19-03-2025: Updates

The Board of Directors has approved amendments to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. The revised code aims to enhance transparency and compliance by ensuring timely disclosure of material events and avoiding selective disclosure. It outlines that any unpublished price-sensitive information (UPSI) will be promptly shared when credible information is available and emphasizes a uniform dissemination approach. The Chief Executive Officer is designated as the Corporate Disclosure Officer, responsible for overseeing compliance and coordinating disclosures to stakeholders. The company is committed to maintaining a structured digital database of individuals with whom UPSI is shared for legitimate purposes, reinforcing its adherence to best practices in corporate governance. Overall, this move signals a strong commitment to transparency and corporate integrity, which could positively influence investor confidence.