Birla Corporation Limited — Important, 25-03-2025: Updates

Birla Corporation Limited reported a violation of its Code of Conduct by a designated person, Mr. Pradip Kumar Das, who engaged in contrarian trading within a six-month period post his previous trade. The transactions involved the trading of 6 shares with a cumulative value of approximately ₹9,900. A warning letter was issued to Mr. Das as this was deemed a first instance with low transaction values and was considered to lack intent regarding insider trading. The action reflects an understanding that the trades were executed due to a lack of awareness without any material unpublished price-sensitive information (UPSI). The company remains committed to upholding its trading guidelines while ensuring the educational support of its designated persons. Monitoring of compliance and trading activities will continue as part of its corporate governance practices. Watch closely for how this situation might influence the company’s compliance measures and stakeholder sentiment.