Garware Hi-Tech Films Limited announced that its Board of Directors has formally adopted revised policies and codes under the SEBI (Prohibition of Insider Trading) Regulations, 2015, as of March 30, 2026. These updated frameworks focus on enhancing corporate governance concerning price-sensitive information. The complete codes, which cover fair disclosure, legitimate purposes, and inquiry procedures, are now accessible to the public on the company’s official website.
Board Approves Revised Governance Framework
Garware Hi-Tech Films Limited confirmed that the Board of Directors convened on March 30, 2026, to formally adopt several critical internal policies. This revision aligns the company’s practices with the requirements stipulated under the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Key Policy Updates Adopted
The update includes the adoption of multiple governance documents designed to ensure transparency and prevent the misuse of confidential data. The primary codes adopted are:
- The Company’s Code of Conduct for Fair Disclosure and Prevention of Insider Trading.
- The Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.
- The Policy for Determination of Legitimate Purposes.
- The Policy for Inquiry in case of Leak of Unpublished Price Sensitive Information.
Public Availability of Codes
For the benefit of investors, stakeholders, and the general public, the company has made the entirety of these newly adopted policies/codes available for review. Stakeholders can access the full documentation on the Company’s website at https://www.garwarehitechfilms.com/. This action is primarily for the information and record of all concerned parties.
The intimation was formally issued by Awaneesh Srivastava, Company Secretary, on the aforementioned date.
Source: BSE
