Sumitomo Chemical India Limited has announced that its Board of Directors will meet on January 27, 2026, to review the company's third quarter financial performance for fiscal year 2026. The meeting represents a key milestone in the company's quarterly reporting cycle and regulatory compliance obligations.

Board Meeting Details

The scheduled board meeting will comprehensively evaluate the company's financial position through multiple reporting frameworks:

Regulatory Compliance Framework

The announcement demonstrates Sumitomo Chemical India Limited's adherence to established regulatory protocols. The company has fulfilled its disclosure obligations under Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings scheduled to consider financial results.

Stock Exchange Notifications

Sumitomo Chemical India Limited has formally communicated this board meeting schedule to both major Indian stock exchanges:

Corporate Governance Standards

The timely announcement reflects the company's commitment to maintaining transparent communication with stakeholders and regulatory bodies. By providing advance notice of the board meeting, Sumitomo Chemical India Limited ensures that investors and market participants have adequate information about upcoming financial disclosures. The company's proactive approach to regulatory compliance strengthens investor confidence and supports market transparency initiatives.

Sumitomo Chemical India Limited has disclosed a violation of its Code of Conduct under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, involving a senior executive who failed to obtain mandatory pre-clearance for share pledging.

Violation Details

The violation involved Mr. Kaushal Shah, General Manager of the Bhavnagar Plant, who pledged company shares without following proper procedures. The key details of the violation are presented below:

Regulatory Action and Penalty

Sumitomo Chemical India Limited took immediate action following the identification of the violation. The company imposed a penalty of ₹5,000.00 on Mr. Kaushal Shah for failing to obtain pre-clearance from the Compliance Officer before pledging the shares. This violation directly contravened the company's Code of Conduct for Prevention of Insider Trading.

The penalty amount was recovered from the designated person and subsequently transferred to SEBI's Investor Protection and Education Fund (IPEF) through online mode on January 2, 2026.

Payment Transfer Details

The company completed the regulatory compliance by transferring the penalty amount to SEBI-IPEF with the following transaction details:

Compliance Framework

The report was submitted to both BSE Limited and the National Stock Exchange of India as part of the company's regulatory obligations. Company Secretary and Compliance Officer Deepika Trivedi signed the disclosure, emphasizing the company's commitment to maintaining transparency in regulatory compliance matters.

The company confirmed that this represents an isolated incident, with no previous instances of Code of Conduct violations reported since the implementation of the current regulatory framework. The swift action taken demonstrates Sumitomo Chemical India's adherence to corporate governance standards and regulatory requirements under SEBI's insider trading prevention regulations.