Route Mobile Limited has announced the approval of its amended Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). This updated policy, approved by the Board of Directors via a circular resolution on June 29, 2026, aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015. The company has also uploaded the revised code to its official website and submitted it to the BSE Limited and the National Stock Exchange of India Limited.
Route Mobile Updates Fair Disclosure Code
Route Mobile Limited has formally announced the amendment of its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI). This significant update, essential for maintaining transparency and compliance with regulatory mandates, was approved by the company’s Board of Directors through a circular resolution. The approval was secured on June 29, 2026, with a majority vote, and is effective immediately.
Regulatory Compliance and Dissemination
The amended code is a direct response to the requirements of Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. In accordance with these regulations, Route Mobile Limited has ensured prompt dissemination of this important information. The company has submitted the updated ‘Fair Disclosure Code’ to both the BSE Limited (Scrip Code: 543228) and the National Stock Exchange of India Limited (Symbol: ROUTE). Furthermore, the updated policy has been made publicly available on the company’s official website, www.routemobile.com, ensuring accessibility for all stakeholders.
Key Provisions of the Amended Code
The amended Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information outlines the norms and processes Route Mobile Limited adheres to for managing and disclosing crucial information. Key aspects include:
- Prompt Public Disclosure: Ensuring that any UPSI likely to impact price discovery is disclosed promptly to stock exchanges and simultaneously published on the company website.
- Uniform and Universal Dissemination: Maintaining a continuous, immediate, uniform, and universal approach to disseminating UPSI.
- Oversight and Coordination: The Investor Relations Officer (IRO) is responsible for overseeing corporate disclosures and coordinating the dissemination of UPSI.
- Quiet Period: Implementation of a ‘Quiet Period’ prior to financial results announcement to minimize the risk of selective disclosure.
- Structured Digital Database: Maintaining a digital database of all persons with whom UPSI is shared for legitimate purposes.
The company emphasizes that this code is designed to preserve the confidentiality of UPSI and prevent its misuse, thereby ensuring fairness and transparency in its dealings with all stakeholders. The Board of Directors retains the right to review or amend the code as per applicable laws and regulations.
Source: BSE
