Steel Strips Infrastructures Ltd has announced the closure of the trading window for dealing in the company's securities from 1st April 2025. This decision is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time, and the Company's Code of Conduct to prevent insider trading.

The trading window closure will be applicable to all designated persons and their immediate relatives, ensuring that no trading activity takes place until 48 hours after the declaration of the audited financial results for the quarter and year ended 31st March 2025. The company has also confirmed that the Board of Directors' meeting to approve these financial results will be notified in due course.

SEBI Regulations and Compliance

The closure of the trading window is a mandatory measure implemented to comply with the SEBI (Prohibition of Insider Trading) Regulations, 2015. As per the guidelines, companies are required to restrict trading by insiders and designated individuals during critical financial result periods to avoid any misuse of unpublished price-sensitive information. Steel Strips Infrastructures Ltd has consistently maintained high standards of compliance with these regulations, ensuring transparency and ethical trading practices.

BSE Ltd, through its circular Ref. No.: LIST/COMP/01/2019-20 dated 2nd April 2019, has reiterated the importance of adhering to these regulations to safeguard the interests of investors. Steel Strips Infrastructures Ltd has once again demonstrated its commitment to complying with regulatory norms by timely notifying the stock exchange about the trading window closure.

Impact on Designated Persons and Immediate Relatives

The trading window closure applies to all designated persons, including key managerial personnel, directors, and other employees who have access to sensitive information. Additionally, immediate relatives of these designated persons are also restricted from engaging in any trading activity during this period. This precautionary measure ensures that no individual with privileged information engages in activities that could potentially affect market fairness.

Designated persons include individuals who have direct or indirect access to unpublished price-sensitive information. By closing the trading window, Steel Strips Infrastructures Ltd is ensuring that market-sensitive information remains protected until the official announcement of the financial results.

Financial Results and Board Meeting Update

The Board of Directors is expected to meet soon to review and approve the audited financial results for the quarter and year ended 31st March 2025. The exact date of this meeting will be announced in due course. Following the Board's approval, the company will promptly release the results to the public, ensuring compliance with disclosure norms.

Once the audited results are declared, the trading window will remain closed for 48 hours post-announcement, allowing for a cooling-off period before any trading activity can resume. This measure is crucial to maintain investor confidence and prevent any possibility of insider trading.

Company's Compliance Track Record

Steel Strips Infrastructures Ltd has a robust compliance framework in place to uphold regulatory standards. The company's Code of Conduct emphasizes strict adherence to SEBI guidelines and promotes a culture of transparency and ethical conduct. By pre-emptively closing the trading window during sensitive periods, the company reinforces its commitment to maintaining high governance standards.

Over the years, Steel Strips Infrastructures Ltd has demonstrated consistent compliance with insider trading regulations, ensuring that all stakeholders, including investors, are protected from any unfair practices. The company's proactive measures to communicate trading window closures reflect its dedication to maintaining market integrity.

Importance of Trading Window Closure

Trading window closure is an essential mechanism used by companies to prevent insider trading during periods when sensitive financial information is being processed. By restricting trading activities of designated persons and their immediate relatives, companies safeguard market fairness and protect investor interests.

In this case, Steel Strips Infrastructures Ltd has adhered to these regulations, ensuring that all stakeholders are informed about the trading window closure well in advance. This measure reassures investors about the company's commitment to ethical trading practices and regulatory compliance.

Future Announcements and Next Steps

The company will continue to update the stock exchanges and its stakeholders regarding the Board meeting date and any further developments related to the audited financial results for the year ended 31st March 2025. Once the results are approved and published, the trading window will reopen after the mandatory 48-hour cooling period.

Steel Strips Infrastructures Ltd remains committed to maintaining high standards of governance and compliance, ensuring that all its actions align with regulatory requirements and investor interests. As part of its compliance protocol, the company will provide timely updates on any changes to the trading window and financial results declaration.

Summary of Key Points

• Trading window closure effective from 1st April 2025 for designated persons and their immediate relatives.

• Closure period extends until 48 hours post-declaration of audited financial results.

• Board meeting date to approve the results will be announced in due course.

By ensuring strict compliance with insider trading regulations, Steel Strips Infrastructures Ltd continues to safeguard investor confidence and uphold market integrity. The timely communication of the trading window closure reinforces the company's dedication to maintaining transparency and ethical trading practices.

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