Golden Crest Education & Services Limited has announced the closure of its trading window for promoters, directors, key managerial personnel (KMPs), designated persons, and their relatives starting from April 1, 2025, until 48 hours after the declaration of the audited financial results for the fourth quarter and financial year ending March 31, 2025.

The company’s action aligns with its Code of Conduct adopted for the prevention of insider trading and adheres to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as well as guidelines provided by BSE Circular No. LIST/COMP/01/2019-20 dated April 2, 2019.

Trading Window Closure Details

In its official communication addressed to BSE Limited and The Calcutta Stock Exchange Limited (CSE) on March 25, 2025, the company informed that the trading window will remain closed for all designated persons, connected persons, and their immediate relatives to prevent any possible instances of insider trading.

Key Details on Trading Window Closure:

• Start Date: April 1, 2025

• End Date: 48 hours after the declaration of audited financial results for Q4 FY25

• Persons Affected: Promoters, directors, KMPs, employees, designated persons, and connected persons along with their relatives

Compliance with SEBI Insider Trading Regulations

Golden Crest Education has ensured full compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, which requires listed companies to close their trading window during sensitive periods, such as the period before the announcement of financial results.

The company aims to prevent any misuse of unpublished price-sensitive information (UPSI) that could influence trading decisions, maintaining fairness and transparency in the stock market.

Date of Board Meeting and Financial Results Declaration

The Board of Directors of Golden Crest Education is expected to convene a meeting soon to consider and approve the audited financial results for the fourth quarter and the financial year ended March 31, 2025. The exact date of the Board Meeting will be communicated to the stock exchanges in due course.

Once the audited financial results are declared, the trading window will resume 48 hours after the public disclosure of the same.

PAN Freezing for Promoters and Key Personnel

In compliance with SEBI circular no. SEBI/HO/ISD/ISD-PoD-2/P /CIR/2023/124 dated July 19, 2023, Golden Crest Education has taken additional measures by updating information on the CDSL portal to freeze the PAN at the security level for all promoters, directors, key managerial personnel, and designated persons.

This action prevents these insiders from engaging in any trading activity that could potentially violate insider trading regulations, thus enhancing the security and integrity of the company’s trading practices.

Impact of Trading Window Closure

The closure of the trading window is a preventive measure to restrict insiders from trading during periods when unpublished price-sensitive information (UPSI) is accessible. Any violation of these regulations could result in penalties and sanctions imposed by SEBI under the provisions of the SEBI Act, 1992.

By ensuring that designated persons and insiders refrain from dealing in the company’s securities during this sensitive period, Golden Crest Education aims to protect the interests of its shareholders and maintain transparency in the stock market.

Responsibilities of Designated Persons

Golden Crest Education has reiterated that all designated persons and insiders should strictly adhere to the trading window closure period and ensure that their immediate relatives are also informed of this restriction.

During this period:

• No trading or dealing in the company’s securities is permitted.

• Any violation may lead to legal consequences under SEBI regulations.

• Designated persons must ensure compliance with the company’s Code of Conduct and SEBI guidelines.

Disclosure to Stock Exchanges

The company has formally communicated the closure of its trading window to both BSE Limited and The Calcutta Stock Exchange Limited (CSE). As part of its compliance obligations, the company has also ensured that all necessary updates have been provided on the CDSL portal to prevent any unauthorized trading activities by insiders.

Conclusion

Golden Crest Education & Services Limited remains committed to maintaining high standards of corporate governance and compliance with SEBI regulations. The trading window closure from April 1, 2025, till 48 hours after the declaration of Q4 FY25 financial results reflects the company’s ongoing efforts to uphold transparency and prevent any possible insider trading.

The company will notify stock exchanges and stakeholders once the audited financial results are announced, and the trading window will be reopened after the mandatory 48-hour period. By implementing robust compliance measures, including the freezing of PANs at the security level, Golden Crest Education reaffirms its commitment to protecting investor interests and ensuring fair trading practices.

The Upcoming IPOs in this week and coming weeks are Arisinfra Solutions Limited,Identixweb Limited,Retaggio Industries Limited,Infonative Solutions Limited.

The Current active IPO are ATC Energies System Limited, Shri Ahimsa Naturals Limited,Desco Infratech Limited,Rapid Fleet Management Services, Active Infrastructures Limited.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.