Shri Gang Industries Formally Intimates Code Amendment to BSE
Shri Gang Industries and Allied Products Limited formally communicated to BSE Limited about amendments to its Code of Fair Disclosure of Unpublished Price Sensitive Information, following Board approval on February 14, 2026. The comprehensive code establishes enhanced governance frameworks for information disclosure, designates the Company Secretary as Chief Investor Relations Officer, and ensures strict compliance with SEBI regulations across all operational locations.
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Shri Gang Industries and Allied Products Limited formally intimated BSE Limited about the amendment to its Code of Fair Disclosure of Unpublished Price Sensitive Information on February 15, 2026. The company submitted the amended code following Board approval during the meeting held on February 14, 2026.
Regulatory Compliance Enhancement
The Board of Directors approved amendments to the Code of practices and procedures for Fair Disclosure of Unpublished Price Sensitive Information under Regulation 8(1) and Schedule A of SEBI (Prohibition of Insider Trading) Regulations, 2015. Company Secretary and Compliance Officer Kanishka Jain signed the official communication to BSE Limited, confirming the amendment's approval and implementation.
| Communication Details: | Information |
|---|---|
| Intimation Date: | February 15, 2026 |
| Board Approval Date: | February 14, 2026 |
| BSE Scrip Code: | 523309 |
| Signatory: | Kanishka Jain, Company Secretary |
Code Framework and Objectives
The amended code establishes a comprehensive framework for fair disclosure of events that could impact price discovery in the company's securities market. Key principles include equality of access to information, publication of policies on dividend and growth pursuits, and transparency in analyst meetings. The code ensures compliance with SEBI regulations while promoting investor transparency.
Scope and Applicability
The code applies to all company personnel who could possess Unpublished Price Sensitive Information relating to the company. It designates the Company Secretary and Compliance Officer as Chief Investor Relations Officer, responsible for ensuring disclosure compliance and coordinating information dissemination to stock exchanges and the company website.
| Operational Structure: | Details |
|---|---|
| Corporate Office: | F-32/3, Okhla Industrial Area, Phase-II, New Delhi-110020 |
| Registered Office: | Plot No B-2/6, B-2/7, UPSIDC Industrial Area-Phase IV, Sandila |
| Sikandrabad Works: | A-26 UPSIDC Industrial Area, Sikandrabad, Bulandshahar |
| CIN: | L11011UP1989PLC011004 |
Enhanced Governance Standards
The comprehensive code defines legitimate purposes for UPSI sharing, including statutory requirements, legal compliance, contractual obligations, auditing purposes, and corporate restructuring activities. It establishes strict protocols for information handling on a 'need to know' basis and ensures prompt public disclosure of price-sensitive information. The amendment demonstrates the company's commitment to maintaining robust governance standards and regulatory compliance across its operations spanning multiple locations in Uttar Pradesh and Delhi.
Historical Stock Returns for Shri Gang Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +13.34% | +34.27% | +39.41% | +8.00% | -23.71% | +3,244.28% |
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