The CreditAccess Grameen Board of Directors has approved an amended Code of Conduct and Fair Disclosure for the prohibition of Insider Trading. The decision, made during a board meeting on October 28, 2025, aims to ensure compliance with SEBI regulations and promote fair practices. The updated code is designed to prevent insider trading and maintain transparency in securities transactions.
Insider Trading Code Amended
CreditAccess Grameen has announced the approval of an amended Code of Conduct and Fair Disclosure for prohibition of Insider Trading. This decision, ratified by the Board of Directors, took place during a meeting held on October 28, 2025.
Key Policy Updates
The amended code addresses provisions under Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The aim is to strengthen monitoring and ensure that all Designated Persons adhere to the regulations concerning unpublished price sensitive information (UPSI). Key changes focus on defining responsibilities, restrictions, and disclosure requirements.
Code Highlights
Notable aspects of the amended Code include:
- Guidelines on communication and handling of UPSI.
- Trading restrictions and pre-clearance protocols.
- Fair disclosure and conduct expectations.
- Procedures for inquiry in case of contravention.
The policy applies to all Designated Persons, their immediate relatives, and individuals authorized to speak on behalf of CreditAccess Grameen. This aims to ensure compliance and prevent insider trading practices. The Code is designed to ensure transparency and fair conduct in trading activities associated with CreditAccess Grameen securities.
Source: BSE