One 97 Communications Limited, the parent company of Paytm, has updated its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). This revised code, approved by the Board of Directors on October 26, 2026, aligns with the requirements of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company will host the updated code on its website and promptly inform the stock exchanges.
One 97 Communications Updates Disclosure Policy
One 97 Communications Limited has formally adopted an updated Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). The revision was approved by the company’s Board of Directors during a meeting held on October 26, 2026.
This updated code is framed in accordance with Regulation 8(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and its amendments. The Board’s decision aims to ensure robust and transparent handling of UPSI.
Key Policy Aspects and Dissemination
The primary objective of this policy is to ensure prompt public disclosure of UPSI that could impact price discovery. It mandates uniform and universal dissemination to prevent selective disclosure and requires prompt action to make any inadvertently disclosed UPSI generally available. The company also commits to appropriately responding to queries on news reports and market rumors.
Additionally, the code emphasizes maintaining a ‘need-to-know’ basis for handling UPSI and ensures that information shared with analysts and research personnel is not UPSI. Transcripts and records of meetings with analysts will be posted on the company’s official website.
The Chief Financial Officer has been designated as the Chief Investor Relations Officer (CIRO), responsible for overseeing UPSI dissemination and disclosure. The company also outlines procedures for handling any leak or suspected leak of UPSI, adhering to regulatory requirements.
Publication and Compliance
In line with the PIT Regulations, the updated Code of Practices and Procedures will be hosted on the company’s website at https://ir.paytm.com/. Furthermore, One 97 Communications Limited will promptly intimate the stock exchanges where its securities are listed about this Code and any future amendments. The company’s Board approved this policy on October 26, 2026, with an effective date of October 26, 2026.
Source: BSE
