Glass Wall Systems submits UPSI disclosure code to BSE, NSE
- Glass Wall Systems filed its UPSI disclosure code with BSE and NSE on September 17, 2026
- The move complies with Regulation 8(2) of SEBI's PIT Regulations, 2015
- The Board originally approved the code on August 5, 2025
- The Chief Financial Officer or Company Secretary serves as the Chief Investor Relations Officer
*this image is generated using AI for illustrative purposes only.
Glass Wall Systems submitted its Code of Practices for Fair Disclosure of Unpublished Price Sensitive Information to the Bombay Stock Exchange and National Stock Exchange on September 17, 2026.
The filing complies with Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company disclosed that its Board of Directors originally approved the code on August 5, 2025.
Regulatory Compliance
The submission ensures adherence to insider trading norms for listed entities. The document outlines procedures for handling unpublished price sensitive information to prevent selective disclosure and maintain market integrity.
Governance Framework
The code designates the Chief Financial Officer or Company Secretary as the Chief Investor Relations Officer. This role carries responsibility for disseminating information and responding to regulatory queries regarding market rumors.
Key Provisions
- Information must be uniform and universally disseminated to avoid selective advantage.
- Unpublished price sensitive information is shared on a need-to-know basis.
- A digital database tracks sharing of sensitive data with auditors, lenders, and advisors.
- Recipients of such information are deemed insiders and must maintain confidentiality.
Historical Stock Returns for Glass Wall Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +8.26% | +2.01% | +51.51% | +51.51% | +51.51% | +51.51% |
How might the designation of the CFO or Company Secretary as Chief Investor Relations Officer impact Glass Wall Systems' future communication strategies with stakeholders?
What potential market reactions could arise if Glass Wall Systems faces any breaches in its newly submitted Code of Practices for Fair Disclosure?
Will the implementation of a digital database for tracking sensitive data sharing set a new governance standard for other mid-cap listed entities in India?
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