Amarjothi Spinning Mills Limited has announced the closure of the trading window for all Designated Persons and their immediate relatives in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and the company’s Code of Internal Procedures and Conduct for Regulating, Monitoring, and Reporting of Trading by Insiders.

Details of Trading Window Closure

The trading window will remain closed from April 01, 2025, and will continue to be closed until 48 hours after the declaration of the audited financial results of the company for the quarter and financial year ending March 31, 2025.

Reason for Trading Window Closure

The closure is in accordance with Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, which mandates that listed companies ensure that no insider trades in securities while in possession of unpublished price-sensitive information (UPSI).
The company’s Code of Conduct requires Designated Persons and their immediate relatives to refrain from dealing in securities during the trading window closure period, ensuring compliance with insider trading norms.

Duration of Trading Window Closure

• Start Date: April 01, 2025

• End Date: 48 hours after the announcement of the audited financial results for the quarter and year ended March 31, 2025.

The exact date of the Board Meeting to consider and approve the audited financial results will be communicated separately in due course.

Who is Restricted from Trading?

During the trading window closure period, the following persons are prohibited from trading in the shares of the company:

• Designated Persons which include key managerial personnel, senior executives, and other specified employees.

• Immediate Relatives of Designated Persons.

• Connected Persons who may have access to unpublished price-sensitive information.

Compliance with SEBI Regulations

The trading window closure ensures strict compliance with:

• SEBI (Prohibition of Insider Trading) Regulations, 2015 as amended.

• Company’s Code of Internal Procedures and Conduct for Regulating, Monitoring, and Reporting of Trading by Insiders.

These regulations prohibit any insider from buying, selling, or dealing in securities of the company during periods when they may have access to unpublished price-sensitive information (UPSI).

Importance of Trading Window Closure

The trading window closure aims to:

• Prevent insider trading: Restricting trading activity during periods of UPSI helps prevent any misuse of confidential information.

• Promote fairness and transparency: Ensuring that insiders and their relatives do not gain an unfair advantage over public shareholders.

• Safeguard investor interests: Protecting market integrity and maintaining the trust of investors.

Upcoming Financial Results Declaration

The audited financial results for the fourth quarter and financial year ending March 31, 2025, will be considered and approved by the Board of Directors at a forthcoming meeting. The exact date of the Board Meeting will be intimated to the stock exchange(s) and the public in due course.

Penalties for Non-Compliance

Any violation of the trading window closure guidelines by insiders or connected persons may lead to:

• Disciplinary action by the company.

• Regulatory penalties from SEBI, which may include monetary fines and restrictions.

• Legal consequences under applicable securities laws.

Communication to Designated Persons

The company has communicated the trading window closure notification to all Designated Persons and their immediate relatives, ensuring that they are aware of the restricted period and the consequences of any violation.

Board’s Commitment to Compliance

The Board of Directors of Amarjothi Spinning Mills Limited is committed to maintaining high standards of corporate governance and ensuring that all transactions comply with SEBI regulations and the company’s internal policies.

Conclusion

The trading window closure by Amarjothi Spinning Mills Limited is a proactive step towards ensuring compliance with insider trading regulations and protecting the interests of shareholders. The company remains dedicated to maintaining transparency, accountability, and corporate governance while safeguarding the integrity of the market.

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