Afcons Infrastructure Limited — Important, 14-04-2025: Updates

Afcons Infrastructure Limited has reported violations of its Insider Trading Code of Conduct by two designated persons, Om Prakash Chetiwal and Naresh Kumar Sharma. Both individuals executed contra trades involving shares acquired under an Initial Public Offer. Specifically, Chetiwal sold 128 shares at a total value of ₹52,602.88, and Sharma sold 32 shares for ₹13,199.04, with both transactions dated February 28, 2025. The company has responded by issuing warnings to ensure compliance with the Code in the future. There have been no prior violations reported since the last financial year. These actions highlight the company’s emphasis on regulatory compliance and maintaining confidence in its governance practices. Investors should monitor any further developments related to compliance and corporate governance, as these actions reflect on the company's operational integrity and management oversight.