BigBloc Construction Limited has announced the closure of its trading window for designated persons and their immediate relatives in compliance with the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015. The trading window will be closed from April 1, 2025, and will reopen 48 hours after the declaration of the financial results for the quarter and year ended March 31, 2025.

Details of Trading Window Closure

The company, in accordance with its Code of Conduct for Regulating, Monitoring, Preventing, and Reporting of Trading by Designated Persons and Their Immediate Relatives, has implemented the closure of the trading window to prevent insider trading and protect market integrity.

The trading window closure will be effective from Tuesday, April 1, 2025, and remain closed until 48 hours after the financial results for the quarter and financial year ending March 31, 2025, are announced.

Purpose of Trading Window Closure

The primary objective of the trading window closure is to ensure that designated persons and their immediate relatives do not engage in trading activities that could lead to misuse of unpublished price-sensitive information (UPSI). This compliance measure ensures that sensitive information related to the financial performance of the company is not exploited before being made public.

Who is Restricted During the Closure Period?

During this period, trading in the securities of the company is strictly prohibited for the following individuals:

• Directors of the company

• Promoters and Key Managerial Personnel (KMPs)

• Designated Persons as defined by the company’s Code of Conduct

• Immediate Relatives of the aforementioned individuals

The restriction applies to all dealings in the company's equity shares during the closure period, including buying, selling, or transferring shares.

Duration of Trading Window Closure

• Start Date: April 1, 2025

• End Date: 48 hours after the declaration of financial results for the quarter and year ending March 31, 2025

Compliance with SEBI Regulations

This move aligns with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, which mandate companies to implement strict controls during critical financial reporting periods to prevent any insider trading activities.

Why Trading Window Closure is Important

Trading window closure plays a crucial role in:

• Preventing any possibility of insider trading by insiders and designated persons.

• Ensuring fair trading practices and protecting the interests of public shareholders.

• Safeguarding the company’s reputation by adhering to regulatory standards.

Impact on Designated Persons and Insiders

The closure affects the following groups:

• Employees and Key Managerial Personnel (KMPs) who have access to sensitive financial information.

• Promoters and Designated Persons who may possess insider knowledge.

• Immediate Relatives of the designated persons who are also restricted from trading.

When Will the Trading Window Reopen?

The trading window will reopen 48 hours after the declaration of financial results for the quarter and year ending March 31, 2025. This period allows the market to absorb the financial results, ensuring that all shareholders have equal access to the information.

Date of Board Meeting for Financial Results

The Board Meeting date for the consideration and approval of the financial results for the quarter and year ending March 31, 2025, will be announced separately. Once the financial results are declared, a notice will be issued to indicate the reopening of the trading window.

Key Dates to Remember:

• Trading Window Closure: April 1, 2025

• Reopening of Trading Window: 48 hours after the declaration of financial results for the period ending March 31, 2025

Role of Code of Conduct for Insider Trading

BigBloc Construction Limited has framed a comprehensive Code of Conduct that regulates the trading activities of its designated persons and insiders to maintain market integrity. The Code of Conduct mandates that individuals with access to unpublished price-sensitive information (UPSI) refrain from trading during the closed window period.

Consequences of Non-Compliance

Non-compliance with the trading window closure guidelines may result in:

• Penal action under SEBI regulations.

• Disciplinary measures as outlined in the company’s Code of Conduct.

• Legal repercussions for individuals engaging in insider trading practices.

Importance of Adhering to Trading Window Restrictions

Adhering to the trading window closure guidelines is essential to:

• Uphold the principles of corporate governance.

• Ensure that the company maintains transparency and fairness in its operations.

• Protect the company from legal and regulatory penalties.

Reopening and Further Announcements

After the financial results are declared and the 48-hour cooling period has passed, the trading window will be reopened. The company will notify the stock exchanges about the reopening of the trading window.

Conclusion

BigBloc Construction Limited has announced the closure of its trading window effective from April 1, 2025, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code of Conduct. This step ensures that the company upholds market transparency and fair trading practices. The trading window will reopen 48 hours after the financial results for the quarter and year ending March 31, 2025, are declared. The Board Meeting date for the approval of financial results will be announced separately.

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