Quint Digital amends fair disclosure code on May 22
Quint Digital Limited's Board approved amendments to its Fair Disclosure Code on May 22, 2026, to comply with SEBI regulations. The code mandates prompt disclosure of unpublished price sensitive information and designates the Compliance Officer as the Chief Investor Relations Officer.

*this image is generated using AI for illustrative purposes only.
Quint Digital Limited has announced an amendment to its 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information'. The Board of Directors approved the revision during a meeting held on May 22, 2026. The decision aligns with Regulation 8(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.
The amended code reinforces the company's commitment to managing its affairs in a fair and transparent manner while safeguarding the interests of all stakeholders. It establishes a framework to prohibit insider trading and strengthen the company's governance structure. Originally adopted on March 20, 2019, the code is subject to periodic review to ensure compliance with evolving legal requirements.
Key Provisions of the Amended Code
The updated policy mandates the prompt public disclosure of Unpublished Price Sensitive Information (UPSI) as soon as credible and concrete information becomes available. This ensures that information is made generally available to the public on a non-discriminatory basis. The company is also required to ensure uniform and universal dissemination of UPSI to prevent selective disclosure.
| Aspect | Requirement |
|---|---|
| Disclosure | Prompt public disclosure of UPSI to ensure non-discriminatory access. |
| Dissemination | Uniform dissemination to prevent selective disclosure. |
| Queries | Fair responses to market rumours and regulatory authority queries. |
| Analysts | Ensuring information shared does not constitute UPSI. |
Compliance and Governance
The Compliance Officer has been designated as the Chief Investor Relations Officer, responsible for handling the dissemination of information to investors, analysts, and the media. The officer is also tasked with maintaining a Structured Digital Database (SDD) containing details of UPSI shared internally and externally. This database must include time-stamping and audit trails to ensure integrity.
During the trading window closure period, Directors, Officers, and employees are prohibited from interacting with the media, analysts, and investors. The code specifies that UPSI may only be disclosed to persons requiring it for legitimate purposes, performance of duties, or legal obligations. Any sharing of information intended to circumvent regulations is not considered a legitimate purpose.
The amended code is hosted on the company's corporate website. In the event of any inconsistency between the policy and applicable legal provisions, the law will prevail.
Historical Stock Returns for Quint Digital Media
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.75% | +9.83% | +6.20% | -3.75% | -3.75% | -3.75% |
How might Quint Digital's strengthened insider trading framework influence investor confidence and the company's stock liquidity in the near term?
Will SEBI's evolving regulatory landscape require Quint Digital to conduct more frequent revisions to its insider trading code beyond its current periodic review cycle?
How could the designation of the Chief Investor Relations Officer as Compliance Officer impact the company's communication strategy with institutional investors and analysts?


































