Automobile Corporation of Goa Announces Trading Window Closure
Team Finance Saathi
22/Mar/2025
What's covered under the Article:
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Trading window for Automobile Corporation of Goa will be closed from March 24, 2025.
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Closure affects all designated persons and their immediate relatives.
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Window remains closed until 48 hours post financial results declaration for FY 2025.
Automobile Corporation of Goa Limited has issued a notice regarding the closure of the trading window for its securities in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company’s Code of Conduct for Prevention of Insider Trading and Code of Corporate Disclosure Practices also guide this decision.
The trading window will remain closed for all designated persons (which includes key executives, directors, and their immediate relatives) from March 24, 2025. This closure will continue until 48 hours after the declaration of the financial results for the quarter and year ending March 31, 2025.
The closure is a standard practice under insider trading regulations, designed to prevent unfair trading based on confidential or insider information, ensuring that all market participants have equal access to information. It is essential for companies to safeguard the integrity of trading activities, especially around key financial disclosures.
This is a periodic regulatory requirement, and the company has made the announcement in accordance with its responsibilities towards stock exchanges and the broader regulatory framework set by SEBI. The decision is aimed at maintaining a transparent environment for all stakeholders, including investors and employees.
For stakeholders, the window will remain closed until after the company announces its quarterly and annual financial results, which will be disclosed publicly. During this period, insider trading is strictly prohibited for those covered under the company’s insider trading policy.
For further information, the company has also provided details of the contact office for any clarifications or queries, reinforcing its commitment to compliance and transparency.
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