SagarDeep Alloys Limited has officially announced the closure of the trading window for its securities, effective from Tuesday, April 1, 2025, until 48 hours after the declaration of the audited financial results for the financial year ending March 31, 2025. This announcement aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s internal Code of Conduct for Regulating, Monitoring, and Reporting of Trading by Designated Persons and their Immediate Relatives.

Regulatory Compliance and Trading Restrictions

As part of its commitment to ensuring compliance with SEBI regulations, SagarDeep Alloys Ltd has taken this step to prevent any possibility of insider trading during the period when sensitive financial information is being finalized. Designated Persons and their Immediate Relatives have been strictly prohibited from trading in the company’s securities during this period.

The trading window closure is a routine measure undertaken by listed companies in accordance with SEBI's guidelines to prevent any misuse of unpublished price-sensitive information. SagarDeep Alloys Ltd has intimated all Designated Persons and relevant stakeholders to ensure adherence to the company’s internal compliance policies.

Window Closure Period and Board Meeting Date

The trading window closure will begin on April 1, 2025, and will remain effective until 48 hours after the declaration of the audited financial results for the fiscal year ending on March 31, 2025. The date of the Board Meeting in which the audited financial results for FY 2024-25 will be considered and approved will be announced in due course.

As per the company’s intimation, the closure period applies to all those who have access to unpublished price-sensitive information (UPSI), including Directors, Promoters, KMPs, and Designated Employees along with their immediate relatives. This measure is taken to prevent any form of insider trading and to maintain the integrity of the company’s trading practices.

SEBI (Prohibition of Insider Trading) Regulations, 2015

Under SEBI’s Insider Trading Regulations, companies are required to close the trading window whenever there is a possibility of unpublished price-sensitive information becoming available to insiders. This regulation aims to protect investors and ensure that no undue advantage is gained by insiders having access to financial results or other sensitive company data.

SagarDeep Alloys Ltd has followed these guidelines meticulously by closing the trading window before the release of its audited financial results, ensuring that no Designated Person or their relatives can engage in any trading activity that could be considered insider trading.

Communication with Designated Persons

The Company Secretary, Anuja Jain, has intimated all Designated Persons and their Immediate Relatives regarding the trading restrictions during the closure period. All individuals have been reminded that they are prohibited from trading in the company’s securities during this period and any violation may attract serious penalties under SEBI regulations.

The communication emphasizes the importance of compliance with SEBI's Prohibition of Insider Trading Regulations, 2015, and highlights the company’s dedication to corporate governance and transparency.

Board Meeting for Approval of Financial Results

The Board of Directors is expected to convene soon to consider and approve the audited financial results for the financial year ending March 31, 2025. The exact date of the Board Meeting will be communicated by the company through the appropriate channels as per regulatory requirements.

Once the Board has approved the financial results, the information will be disseminated to the stock exchanges and stakeholders. The trading window will reopen 48 hours after the announcement of the audited financial results, allowing normal trading activities to resume.

Importance of Trading Window Closure

Trading window closure is a critical aspect of ensuring fair market practices and avoiding any unfair advantage that may arise due to insider knowledge. SagarDeep Alloys Ltd remains committed to maintaining the highest standards of corporate ethics and compliance with applicable regulations.

This initiative not only aligns with SEBI regulations but also reflects the company’s commitment to safeguarding investor interests and maintaining market integrity. By adhering to these guidelines, SagarDeep Alloys Ltd ensures that all stakeholders are treated fairly and that trading activities are conducted transparently.

Future Announcements and Updates

SagarDeep Alloys Ltd will continue to provide timely updates regarding the Board Meeting date and financial results for FY 2024-25. All relevant information will be communicated through stock exchange notifications and other regulatory channels to ensure that stakeholders are well-informed.

Stakeholders and investors are advised to stay tuned for further updates regarding the financial results and the reopening of the trading window. The company encourages all stakeholders to remain compliant with the insider trading norms during this period.

Final Note

In summary, SagarDeep Alloys Ltd has taken this precautionary step to close the trading window from April 1, 2025, to ensure adherence to SEBI regulations and maintain a transparent trading environment. Designated Persons and their Immediate Relatives have been notified not to trade during the closure period, and the Board Meeting date for financial results approval will be announced shortly. This measure underscores the company’s dedication to corporate compliance and ethical practices.

SagarDeep Alloys Ltd remains committed to protecting investor confidence and market integrity by following all relevant regulations and maintaining transparency in its operations.

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