Radiowalla Network complies with SEBI PIT regulations for Q4

1 min read     Updated on 23 May 2026, 04:56 PM
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AI Summary

Radiowalla Network Limited confirmed full compliance with SEBI's Prohibition of Insider Trading Regulations for Q4FY26. The company's Structured Digital Database successfully captured 6 UPSI events with no reported non-compliances.

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Radiowalla Network Limited has submitted its compliance certificate for the quarter ended March 31, 2026, confirming adherence to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The certification covers the maintenance and operation of the Structured Digital Database (SDD) as mandated under Regulation 3(5) and 3(6) of the regulations.

Compliance Officer Certification

Kiran Gurnani, Company Secretary and Compliance Officer of radiowalla network , certified that the company has implemented a robust SDD. The system features controlled access, captures the nature of Unpublished Price Sensitive Information (UPSI) along with precise date and time stamps, and maintains an internal audit trail. The database is designed to be non-tamperable and is capable of preserving records for a period of 8 years.

UPSI Event Capture

During the quarter ended March 31, 2026, the company was required to capture 6 specific events related to UPSI. The certification confirms that all such events were duly recorded in the Structured Digital Database. The company reported that no non-compliance was observed during the previous quarter, necessitating no remedial actions.

Practicing Company Secretary Validation

The compliance status was further validated by SPDA and Associates, Practicing Company Secretaries. Their examination confirmed that the SDD meets all regulatory requirements, including the capture of all disseminated UPSI and the maintenance of a secure, non-tamperable record-keeping system. The auditors confirmed that there were no non-compliances observed as of March 31, 2026.

Compliance Aspect Status
Structured Digital Database In place
Access Control Exists
UPSI Capture Complete
Audit Trail Maintained
Record Retention 8 years
Non-Compliances Nil

Historical Stock Returns for Radiowalla Network

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-5.63%-20.83%-55.47%-57.46%-77.41%

How might Radiowalla Network's consistent insider trading compliance record influence institutional investor confidence and potential stock liquidity in upcoming quarters?

What types of UPSI events could Radiowalla Network face in future quarters given its business expansion plans, and how might increased UPSI frequency signal strategic corporate activity?

As SEBI continues to tighten insider trading regulations, what additional technological upgrades might companies like Radiowalla Network need to implement in their Structured Digital Databases?

1 Year Returns:-57.46%