Indo-MIM Limited has implemented a comprehensive Code of Practices and Procedures for Fair Disclosure, enhancing transparency and compliance with India’s insider-trading regulations amid ongoing market reforms.
Indo-MIM Limited has put in place a formal Code of Practices and Procedures for Fair Disclosure of unpublished price-sensitive information, or UPSI, as it seeks to align itself with India’s insider-trading rules. The governing board approved the framework on August 7, 2026, and the company said the aim is to improve transparency, fairness and consistency in how material information is shared with investors and the market.
The filing, sent to the National Stock Exchange of India and BSE Limited under Regulation 8(2) of the Securities and Exchange Board of India’s Prohibition of Insider Trading Regulations, was signed by Santosh Kumar Dash, the company secretary and compliance officer. SEBI first introduced the insider-trading regulations in 2015 and has updated them over time, including clarifications on structured digital databases and other compliance requirements.
Under Indo-MIM’s code, the company secretary will act as chief investor relations officer unless the board names someone else, and that role will oversee the release of sensitive information. The company says UPSI must be disclosed promptly once there is credible and concrete information to share, and that stock exchanges and the company website must be updated before any wider communication to media or analysts. Employees are also barred from answering external queries unless they are authorised, while disclosures can only be made once a final or definitive decision has been taken.
The policy also sets out how UPSI may be shared for legitimate business purposes, such as with lenders, auditors, merchant bankers, legal advisers and other consultants, subject to confidentiality safeguards. Indo-MIM will maintain a structured digital database of people and entities receiving such information, with time stamps and audit trails, and keep it for at least eight years. The board will review the code and its related policy at least once every three financial years.
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