Diligent Industries Limited has closed its trading window effective October 1, 2026, in preparation for the declaration of its un-audited financial results for the second quarter of FY27.

The closure applies to designated employees and their immediate relatives, in compliance with the company's Code of Conduct framed under SEBI (Prohibition of Insider Trading) Regulations, 2015. This measure prevents insider trading during the sensitive period leading up to the release of quarterly performance data.

Timeline and Duration

The trading window will remain closed until 48 hours after the company declares its un-audited financial results for Q2FY27, which ends on September 30, 2026. The exact date of the Board Meeting for this declaration will be intimated in due course.

Regulatory Compliance

This action is taken pursuant to applicable regulatory provisions and internal governance standards. The Managing Director, Bhanu Prakash Vankineni, signed the intimation to BSE Limited on September 26, 2026, requesting dissemination of this information to all concerned parties.

Diligent Industries has been named a Leader in the IDC MarketScape: Worldwide Third-Party Risk Management Software 2026 Vendor Assessment. The recognition underscores the company’s integration of AI-native capabilities into its governance, risk and compliance (GRC) offerings.

The assessment highlights Diligent’s 3rdRisk solution, an AI-native third-party risk management tool acquired in January 2026. According to the report, the platform automates vendor onboarding, profiling, assessment workflows and document analysis. This automation enables organizations to achieve audit-readiness in weeks rather than quarters.

What the Numbers Show

The IDC report emphasizes a shift from manual processes to automated workflows. By integrating 3rdRisk into its unified GRC platform, Diligent addresses the complexity of modern supplier ecosystems. The assessment notes that this approach provides a single view of all third-party relationships, enabling earlier issue identification and reduced exposure to high-risk vendors.

Strategic Positioning

Scott Bridgen, General Manager of Risk & Audit at Diligent, stated that third-party risk management requires a proactive approach. He noted that teams can now use AI to automate onboarding and ongoing monitoring. This helps move organizations toward audit-readiness significantly faster than traditional quarterly reviews.

Phil Harris, Research Director for Governance, Risk & Compliance Services at IDC, added that Diligent’s position reflects its ability to modernize risk programs through AI. He highlighted the platform’s capacity to automate tasks such as vendor profiling and provide greater visibility across third-party relationships.

Platform Capabilities

Diligent’s third-party risk capabilities span the full lifecycle, from onboarding to board-level reporting. Powered by 3rdRisk technology, the platform allows organizations to:

• Automate time-intensive workflows
• Rapidly analyze third-party documentation
• Maintain real-time visibility into supplier risk

The unified platform aims to reduce friction while strengthening control over third-party ecosystems.