Terraform Magnum Ltd has closed its trading window for designated persons, insiders, and their immediate relatives effective July 01, 2026. The restriction will remain in force until the end of 48 hours after the declaration of the company's financial results for the quarter ended June 30, 2026. This action is mandated by the SEBI (Prohibition of Insider Trading) Regulations, 2015 to prevent potential insider trading during the sensitive period preceding financial announcements.

The closure applies to all dealings in the securities of Terraform Magnum Ltd by the specified individuals. The company's Code of Conduct, framed under the PIT Regulations, requires this blackout period to ensure fair market practices and maintain the integrity of the securities market.

Compliance Details

The trading window closure is a standard regulatory compliance measure undertaken by listed companies ahead of quarterly results. The specific dates for the closure are as follows:

The company stated that the date of the Board meeting to consider and approve the financial results for the quarter ended June 30, 2026 will be intimated separately in due course. Mr. Harsh Shedge, Company Secretary & Compliance Officer, signed the communication sent to the BSE Limited.

Terraform Magnum Limited has confirmed that the disclosure requirements for related party transactions under Regulation 23(9) of the SEBI LODR Regulations are not applicable for the financial year ended March 31, 2026. This exemption is due to the company's scale, specifically its paid-up equity share capital and net worth falling below the thresholds mandated by the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As on March 31, 2026, the paid-up equity share capital of the company is less than ₹10 crore and the net worth is less than ₹25 crore. These figures place the entity below the limits that trigger the mandatory disclosure of related party transactions and other corporate governance norms for listed entities.

In terms of Regulation 15(2) of the SEBI LODR Regulations, the compliance requirements for several regulations are not applicable to the company. These include Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, and 27, along with specific clauses of Regulation 46 and paragraphs of Schedule V.

The submission of this certificate to the stock exchange serves as formal intimation that the company is not required to submit the disclosure on related party transactions for the half year and financial year ended March 31, 2026. The communication was addressed to the Listing Compliance Department of BSE Limited.

The company, through its Company Secretary and Compliance Officer Harsh Shedge, stated that the information is submitted in compliance with the applicable provisions of the SEBI LODR Regulations.