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Mahindra Lifespace Developers Limited has amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information to align with recent SEBI regulations. This updated code, approved by the Board of Directors, will take effect from June 10, 2025. The amendment emphasizes the need for timely and adequate disclosures to ensure transparency and prevent insider trading. The designated Chief Investor Relations Officer will oversee the dissemination of information, ensuring compliance with fair disclosure principles. This move reinforces the company's commitment to maintaining high standards of governance and could provide a more robust framework for protecting investor interests going forward. Stakeholders should note this development as a step towards enhanced transparency in corporate governance.
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