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IFCI LimitedImportant, 24-04-2025: Updates

24-04-2025 | 05:25 pm

IFCI Limited has updated its "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information," effective from April 1, 2019. The revised code emphasizes the need for prompt public disclosures of any unpublished price-sensitive information to ensure transparency and prevent insider trading. Key guidelines include uniform dissemination of such information to avoid selective disclosure and the establishment of clear protocols for sharing information based on legitimate business purposes. The Chief Investor Relations Officer has been designated to manage the dissemination of such information, adhering to a need-to-know basis. This update reinforces IFCI's commitment to maintaining integrity and fairness in its operations, which is critical for investor confidence. Watch closely as adherence to these practices could enhance market perception and operational transparency.

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