Diligent Media Corporation has amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, notifying stock exchanges of this regulatory compliance update on March 27, 2026. The amendment aligns with Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Regulatory Compliance Update

The company formally communicated the amendment to both the National Stock Exchange of India Limited and BSE Limited. The updated code has been uploaded on the company's website at www.dnaindia.com for public access.

Key Framework Components

The revised code establishes comprehensive guidelines for managing unpublished price sensitive information (UPSI). The framework addresses multiple aspects of information disclosure and handling procedures.

Fair Disclosure Requirements

The code mandates several critical disclosure practices:

• Prompt disclosure of UPSI that would impact price discovery
• Uniform and universal dissemination to avoid selective disclosure
• Appropriate response to queries on news reports and market rumors
• Handling of UPSI on a need-to-know basis
• Ensuring information shared with analysts is not UPSI

Disclosure and Dissemination Framework

The company has established specific protocols for information dissemination. The Chief Investor Relations Officer, designated as the Chief Financial Officer or another senior officer authorized by the Board of Directors, oversees the disclosure process.

Medium of Communication

The code outlines various channels for information disclosure:

• Prompt disclosure to stock exchanges where securities are listed
• Multiple media channels for maximum reach and quick dissemination
• Company website facilitation for disclosure
• Continuous disclosure requirements filing with exchanges

Legitimate Purpose Policy

The code includes a comprehensive policy for determining legitimate purposes for UPSI sharing. This framework identifies exceptions where insiders may communicate UPSI in the ordinary course of business.

Compliance Conditions

Recipients of UPSI under legitimate purposes must adhere to specific conditions:

• Maintain confidentiality of UPSI
• Refrain from trading while in possession of UPSI
• Obtain prior written consent for alternative use of information
• Comply with insider trading regulations

Digital Database Maintenance

The company maintains a structured digital database of persons with whom UPSI is shared, as required under insider trading regulations. This database includes names of persons or entities along with Permanent Account Number (PAN) or other authorized identifiers.

The code emphasizes that responsibility for policy adherence rests with both the person sharing UPSI and the recipient. Any violations result in disciplinary action by the company and notification to SEBI. The Board of Directors retains authority to review and amend the code in accordance with applicable laws and regulations.

Diligent Media Corporation Limited has announced the resignation of its Chief Executive Officer, Mr. Chitresh Sehgal, effective March 12, 2026. The company disclosed this development to stock exchanges in compliance with regulatory requirements, marking the end of Sehgal's nearly five-year tenure with the organization.

Regulatory Disclosure Details

The company filed the disclosure under Regulation 30 read with Schedule III of the Listing (Obligations and Disclosure Requirements) Regulations, 2015, informing both the National Stock Exchange of India Limited and BSE Limited about the leadership change.

Reason for Departure

According to the resignation letter submitted by Mr. Sehgal, he is leaving the company to pursue career interests outside the organization. The resignation letter, dated January 12, 2026, was addressed to the Board of Directors and served as official notification of his decision to step down from the CEO position.

Tenure and Acknowledgment

In his resignation communication, Sehgal expressed appreciation for the support and opportunities provided during his tenure. He specifically mentioned his gratitude to the organization and the Board for the constant support and growth opportunities throughout his nearly five-year stint with the company.

Compliance and Documentation

The disclosure was signed by Jyoti Upadhyay, Company Secretary and Compliance Officer, ensuring proper regulatory compliance. The company provided comprehensive documentation including the formal disclosure letter and Sehgal's resignation letter as required under the listing regulations.

Corporate Communication

The announcement was made through official channels to both major stock exchanges, with the company requesting that the information be taken on record. This formal communication ensures transparency and adherence to corporate governance standards for listed companies in India.