Wipro Updates Fair Disclosure Code to Align with SEBI's Insider Trading Regulations
Wipro Limited has updated its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. The policy aligns with recent SEBI amendments, ensuring uniform disclosure of price-sensitive information, defining guidelines for legitimate information sharing, and outlining procedures for analyst and investor interactions. The updated code is accessible on Wipro's website, demonstrating the company's commitment to corporate governance and regulatory compliance.

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Wipro Limited , a leading global information technology company, has announced an update to its internal policies to enhance transparency and compliance with regulatory standards.
Key Highlights
- Policy Updated: Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information
- Regulatory Alignment: Incorporates recent amendments to SEBI (Prohibition of Insider Trading) Regulations, 2015
Policy Amendments and Implications
Wipro's updated Code of Practices and Procedures for Fair Disclosure establishes a framework for managing and disclosing price-sensitive information. The key aspects of the amended code include:
- Uniform Disclosure: Ensures consistent dissemination of price-sensitive information to maintain market fairness.
- Legitimate Information Sharing: Defines guidelines for sharing information for legitimate business purposes while safeguarding against misuse.
- Analyst and Investor Interactions: Outlines procedures for engaging with analysts and investors to prevent selective disclosure of material information.
Compliance and Accessibility
The amended code demonstrates Wipro's commitment to maintaining standards of corporate governance and regulatory compliance. The company has made the updated code available on its official website, ensuring access for stakeholders and regulatory bodies.
Table: Key Components of Wipro's Updated Fair Disclosure Code
| Component | Description |
|---|---|
| Uniform Disclosure | Framework for consistent dissemination of price-sensitive information |
| Legitimate Purposes | Guidelines for sharing information for genuine business needs |
| Analyst Interactions | Procedures for engaging with analysts and investors |
| Regulatory Alignment | Incorporation of recent SEBI amendments |
| Accessibility | Available on Wipro's official website |
This update reflects Wipro's approach to corporate governance and its dedication to maintaining transparency in its operations. By aligning its practices with the latest regulatory standards, Wipro aims to foster trust among its stakeholders and ensure compliance with evolving securities regulations.
Investors and market participants are advised to familiarize themselves with these changes, as they may impact how material information is disclosed and disseminated by the company in the future.
Historical Stock Returns for Wipro
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.52% | +0.27% | +6.27% | +0.38% | -15.69% | +49.19% |
















































