Happiest Minds Technologies Limited Announces Closure of Trading Window from April 1, 2025

Happiest Minds Technologies Limited has announced the closure of its trading window for all Designated Persons and their Immediate Relatives starting from April 1, 2025, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code on Prohibition of Insider Trading.

Details of the Trading Window Closure

As per the official communication dated March 21, 2025, the trading window will remain closed until 48 hours after the declaration of the financial results for the quarter and financial year ending March 31, 2025. This period of closure is mandated to prevent any possible insider trading or misuse of unpublished price-sensitive information (UPSI).

Applicable Persons and Guidelines

The closure of the trading window applies to:

• Designated Persons – Employees, Directors, Promoters, and other key individuals.
• Immediate Relatives – Spouses, children, and family members who may have access to sensitive company information.

During this period, these individuals are prohibited from:

• Buying, selling, or dealing in the company’s equity shares.
• Indulging in any trading activity that might be construed as using UPSI for personal gain.

Compliance with SEBI Regulations

The closure of the trading window is in strict compliance with the guidelines set forth under Regulation 4 of the SEBI (Prohibition of Insider Trading) Regulations, 2015. These regulations mandate companies to restrict trading activity by insiders during the period when unpublished price-sensitive information related to financial results is available.

Duration and Reopening of Trading Window

The trading window will reopen 48 hours after the declaration of the financial results for the quarter and year ending March 31, 2025. The exact date of the results announcement will be communicated separately through the exchanges once finalized.

Impact on Market and Stakeholders

By adhering to these guidelines, Happiest Minds Technologies aims to:

• Ensure fair market practices and prevent insider trading.
• Protect the interests of its shareholders and uphold transparency.
• Maintain compliance with regulatory frameworks and uphold corporate governance standards.

Significance of Trading Window Closure

The closure of the trading window before the announcement of quarterly and annual financial results is a standard practice among listed companies to prevent the misuse of sensitive financial information. Happiest Minds Technologies has always been committed to maintaining high standards of corporate governance and this move further reinforces its dedication to regulatory compliance.

Conclusion

With the trading window set to close from April 1, 2025, Happiest Minds Technologies Limited ensures compliance with insider trading regulations while protecting the interests of its shareholders. The company will announce the financial results for the quarter and year ending March 31, 2025, after which normal trading will resume following a 48-hour cooling-off period.

The Upcoming IPOs in this week and coming weeks are Arisinfra Solutions Limited, Desco Infratech Limited, ATC Energies System Limited, Shri Ahimsa Naturals Limited.

The Current active IPO are Rapid Fleet Management Services, Active Infrastructures Limited,Grand Continental Hotels.

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.