Amagi Media Labs Limited has formally adopted its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) in accordance with Regulation 8(2) of the Securities Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The Code, framed under Regulation 8(1) of the SEBI PIT Regulations, outlines the procedures and guidelines for the consistent, transparent, regular, and timely public disclosure and dissemination of UPSI. The company is committed to factual, timely, and accurate disclosures. The adopted Code is now available on the company's website at https://www.amagi.com/investors/policies. This initiative aims to ensure that UPSI is handled and disclosed in a manner that prevents selective dissemination and ensures all stakeholders have access to material information simultaneously. The company has detailed definitions for various terms, including "Insider", "Material Events", and "Unpublished Price Sensitive Information (UPSI)", and has specified the roles and responsibilities of various personnel, including the Chief Investor Relations Officer (CIRO) and the Compliance Officer, in overseeing and coordinating disclosures. The Code also addresses the response to market rumors, the process for uniform and universal dissemination of UPSI, and general obligations for preserving UPSI. It further outlines procedures for interactions with analysts, research personnel, and institutional investors, emphasizing the sharing of only generally available information. A policy for determining "legitimate purposes" for sharing UPSI is also provided, detailing circumstances under which UPSI can be shared and the necessary safeguards, including the maintenance of a Structured Digital Database (SDD).
