ICICI Prudential AMC Updates Code for Fair Disclosure of UPSI
ICICI Prudential Asset Management Company Limited has updated its "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" (UPSI), in compliance with Regulatio...
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Why is ICICI Prudential Asset Management Company Limited in the news today?
ICICI Prudential Asset Management Company Limited (ICICIAMC) is in the news due to the announcement is a routine regulatory update regarding the company's code of conduct for fair disclosure of price-sensitive information. it does not contain any specific financial performance metrics or strategic business changes that would indicate a positive or negative sentiment.
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ICICI Prudential AMC Updates Code for Fair Disclosure of UPSI
December 19, 2025, 11:43 AM
ICICI Prudential Asset Management Company Limited has updated its "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information" (UPSI), in compliance with Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
The updated code, Version 2 – December 2025, aims to ensure uniform and universal dissemination of information, preventing selective disclosure and promoting transparency among all stakeholders. The Lead - Investor Relations will serve as the Chief Investor Relations Officer (CIRO), responsible for overseeing disclosure processes, ensuring timely dissemination of UPSI, and educating employees on disclosure policies.
The code outlines procedures for sharing information with analysts and research personnel, emphasizing that any UPSI discussed must be made generally available prior to meetings. It also details protocols for responding to regulatory queries and market rumors, ensuring prompt and fair responses. The document further elaborates on handling UPSI on a "need-to-know" basis and defining "Legitimate Purpose" for sharing such information, which includes business requirements, regulatory investigations, and legal proceedings. The updated code is available on the company's website.
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