Surani Steel Tubes confirms SDD compliance for FY26

1 min read     Updated on 26 May 2026, 10:04 AM
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Surani Steel Tubes Limited achieved full compliance with Structured Digital Database requirements for FY26 under SEBI PIT Regulations. An audit by a practicing company secretary confirmed the capture of all six required UPSI events and the maintenance of a secure, non-tamperable database with an eight-year retention policy. No instances of non-compliance were identified during the financial year.

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Surani Steel Tubes Limited has achieved full compliance with the Structured Digital Database (SDD) requirements for the Financial Year ended March 31, 2026, under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. A practicing company secretary certified that the company successfully maintained a non-tamperable database to record Unpublished Price Sensitive Information (UPSI), ensuring no regulatory gaps were identified during the audit period.

The compliance certificate, submitted to the National Stock Exchange of India Ltd, confirms that Surani Steel Tubes established adequate controls over who could access the SDD. The system captured the nature of UPSI along with precise date and time stamps, maintaining an internal audit trail. The database is designed to preserve records for eight years, meeting the retention standards specified in the regulations.

During the Financial Year ended March 31, 2026, the company was required to capture six specific events. The certification verifies that all six events were successfully recorded in the database. Sahil Malhotra of S.V. Associates, the Practicing Company Secretary appointed by the company, confirmed that no non-compliance was observed and consequently, no remedial actions were necessary.

Key Compliance Parameters

Parameter Status
Structured Digital Database In place
Access Controls Established
UPSI Capture Complete
Audit Trail Maintained
Record Retention 8 years
Non-Compliance None observed

The submission was formally communicated by Sarika Kaur, Company Secretary and Compliance Officer for Surani Steel Tubes Limited. The certification provides assurance to shareholders and regulators regarding the integrity of the company's internal information handling systems.

Historical Stock Returns for Surani Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+2.07%+3.10%+66.25%+3.26%+600.00%

How will this compliance certification influence investor confidence and trading volumes in the short term?

What specific internal governance upgrades will Surani Steel implement to maintain this compliance standard beyond the current fiscal year?

Could this adherence to SEBI regulations position the company for an upgrade to a higher stock exchange index segment?

1 Year Returns:+3.26%