Introduction:
Welcome to the Investor Relations section of Milestone Furnitures Ltd. This policy aims to establish clear and transparent guidelines for our interactions with investors, shareholders, and the financial community. As a responsible and publicly listed company on the Bombay Stock Exchange SME Platform, we are committed to upholding the highest standards of corporate governance and compliance with SEBI’s insider trading regulations.
- Equal and Timely Information Dissemination:
We believe in providing all stakeholders with equal access to accurate and timely information. Any material information, including financial results, business updates, and significant events, will be promptly disclosed to the stock exchanges and made available on our website. All disclosures will adhere to the timelines prescribed by SEBI and other regulatory authorities.
- Trading Window:
In compliance with SEBI’s insider trading regulations, we have established a “trading window” for insiders, including directors, officers, and designated employees. The trading window will be closed during sensitive periods, such as the announcement of financial results, mergers, acquisitions, or any other events that may impact the company’s securities. Insiders are prohibited from trading in the company’s securities during such closed periods.
- Insider Trading Prevention:
To prevent insider trading, all insiders are required to adhere to our Code of Conduct for Prevention of Insider Trading. This code lays down clear guidelines for dealing with unpublished price-sensitive information (UPSI) and prohibits any misuse of such information for personal gain. All insiders must seek pre-clearance from the Compliance Officer before conducting any transactions in the company’s securities.
- Disclosure of Insider Trades:
All insiders are required to report their trades in the company’s securities to the Compliance Officer within two trading days of the transaction. The Compliance Officer will ensure that such disclosures are promptly submitted to the stock exchanges and updated on the company’s website.
- Communication with Investors and Analysts:
We value open and transparent communication with our investors and analysts. Any discussions or presentations with analysts, institutional investors, or the financial community will be based on information already disclosed to the public. We will avoid providing any material non-public information in such interactions.
- Handling of Unpublished Price-Sensitive Information (UPSI):
All employees and insiders are required to maintain strict confidentiality regarding UPSI. Access to confidential information will be limited to those with a legitimate business need. Any leaks or suspected breaches of confidentiality will be investigated, and appropriate actions will be taken.
- Compliance and Training:
We are committed to ensuring that all employees and insiders are aware of and comply with SEBI’s insider trading regulations and our internal policies. Regular training sessions will be conducted to educate relevant personnel about their responsibilities and the implications of insider trading.
Conclusion:
At Milestone Furnitures Ltd, we firmly believe that upholding the highest standards of corporate governance and compliance is essential in building trust with our stakeholders. We are committed to transparent communication, fair disclosure, and preventing insider trading. This policy serves as a guiding document for all our interactions with investors and the financial community, ensuring that we operate in accordance with SEBI’s insider trading regulations and best practices.