AU Small Finance Bank’s Board of Directors has approved amendments to the Code of Fair Disclosure and Conduct, along with the Policy for Determination and Sharing of Information for Legitimate Purposes, effective October 17, 2025. These changes aim to enhance transparency and ensure compliance with regulations regarding unpublished price-sensitive information (UPSI). The updated code is accessible on the bank’s website.
Fair Disclosure Code Amended
On October 17, 2025, the Board of Directors of AU Small Finance Bank approved amendments to the Bank’s Code of Fair Disclosure and Conduct. This also included approval of amendments to the Policy for Determination and Sharing of Information for Legitimate Purpose (collectively, “the Code”).
Key Elements of the Amended Code
The updated Code addresses the following aspects:
Legitimate Purposes: Clarifies what constitutes sharing UPSI in the ordinary course of business, ensuring it is not used to evade prohibitions.
Insider Designation: Individuals receiving UPSI for legitimate purposes will be considered insiders and must maintain confidentiality.
Market Rumors: Consistent with listing regulations, the bank will address market rumors related to material price movement, clarifying or confirming information as needed.
Quiet Periods: Restrictions on business discussions with analysts and investors during specific periods are reinforced, with limited exceptions for fact-based inquiries and regulated interactions.
Voluntary Disclosure: The bank commits to following best practices for disclosing key business parameters to stock exchanges.
Policy Review: The Board will review and amend the Policy annually to align with regulatory changes.
Accessing the Updated Code
The amended Code is available on the Bank’s website under the investor relations section.
Source: BSE
