Accel Limited Announces Closure of Trading Window as per SEBI Guidelines
Team Finance Saathi
25/Mar/2025
What's covered under the Article:
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Accel Limited announces the closure of its trading window from 1st April 2025.
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The window will remain closed until 48 hours after the declaration of Q4 and annual results for FY 2024-25.
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The date of the Board meeting to approve the financial results will be communicated separately.
Accel Limited, a prominent player in the Indian market, has announced the closure of its trading window for dealing in the company’s securities, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The closure will take effect from 1st April 2025 and will remain in place until the end of 48 hours after the declaration of the company's audited financial results for the quarter and the fiscal year ending on 31st March 2025.
This action is part of Accel Limited’s adherence to its internal Code of Conduct, which is designed to regulate, monitor, and report trading by insiders. The purpose of this closure is to prevent any insider trading activities based on unpublished price-sensitive information that might be made available during the finalization of the financial results.
Once the audited financial results are declared, the trading window will open 48 hours after the declaration, enabling eligible insiders to trade in the company’s securities. Accel has also clarified that the date of the Board meeting to review and approve these results will be announced separately in the near future.
Accel Limited's approach underscores the company’s commitment to ensuring that all trading activities are conducted in full compliance with the applicable legal frameworks. This is essential for maintaining transparency and integrity in the financial markets.
For shareholders, investors, and stakeholders of Accel Limited, this notification serves as an important update. The company has reiterated its commitment to upholding the highest standards of corporate governance and compliance with regulatory requirements, particularly those set by SEBI.
By adhering to SEBI's insider trading regulations, Accel Limited aims to create a level playing field for all market participants and mitigate the risk of any unfair advantages being gained by insiders with access to sensitive, non-public information.
Please note that the specific details regarding the financial results and Board meeting schedule will be shared in due course. Investors and stakeholders are encouraged to stay updated on further communications from the company regarding this matter.
This move also aligns with best practices in corporate governance, ensuring that no insider trading takes place during periods when critical financial information is being discussed or finalized.
For more information, please refer to the official website of Accel Limited or stay tuned for the subsequent official notifications regarding the date of the Board meeting.
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