Corporate Announcement
Security Code : 532873    Company : HDIL    
 
Intimation Of Amendment Of Policy Pursuant To Regulation 8(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015Download PDFDownload XBRL
  Exchange Received Time  04/04/2019 13:36:56         Exchange Disseminated Time   04/04/2019 13:37:04              Time Taken   00:00:08
Pursuant to SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, we hereby inform that the Board of Directors of the Company, vide their resolution dated February 14, 2019, have approved the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information ('UPSI'). The revised Code shall be effective from April 1, 2019.

The Code of Practice and Procedures for Fair Disclosure of UPSI is placed on the Company's website: http://www.hdil.in/investor-relations/corporate-governance/codes/

The Company has also amended HDIL Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Insiders according to SEBI (Prohibition of Insider Trading ) (Amendment) Regulations, 2018, which inter-alia includes amendment in the trading window closure period. Henceforth, the trading window closure period will be from 1st day of each quarter till 48 hours after the declaration of financial results.

This is for your kind information and records.
 

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