Hexa Tradex Limited has announced the closure of its trading window in accordance with the company’s Code of Conduct and the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015. This measure has been taken to prevent any unauthorized trading of the company’s securities during the period when unpublished price-sensitive information (UPSI) is available.

The company has officially informed both the BSE Limited (Stock Code: 534328) and the National Stock Exchange of India Limited (Stock Code: HEXATRADEX) regarding this trading window closure. The trading window closure will commence from April 1, 2025, and will remain in effect until 48 hours after the declaration of the company’s audited financial results for the quarter and financial year ending March 31, 2025. This decision has been communicated to all designated persons and their immediate relatives who are bound by the company’s Code of Conduct.

The closure of the trading window is a preventive step aimed at curbing any potential misuse of sensitive financial information and maintaining fairness and transparency in the securities market. SEBI mandates that all listed companies must establish a Code of Conduct to regulate, monitor, and report trading activities of designated persons and insiders. The objective of this regulation is to ensure that no unfair advantage is gained by individuals who have access to price-sensitive financial information before it is made public.

Impact on Designated Persons and Relatives

The company has sent notifications to all designated persons, including directors, key managerial personnel, employees, and other insiders, informing them about the closure period and emphasizing that they and their immediate relatives should refrain from trading in the company’s securities during this time. Any violation of this directive may attract severe penalties, as outlined under the SEBI regulations.

This period of trading restriction will continue until 48 hours after the company declares its audited financial results (both standalone and consolidated) for the quarter and financial year ending on March 31, 2025. During this period, no designated person or their immediate relatives will be allowed to deal in the company’s shares or securities, ensuring that all market participants have equal access to information once the results are made public.

Compliance with SEBI Regulations

The closure of the trading window is part of Hexa Tradex Limited’s commitment to adhering to SEBI’s regulatory framework and promoting ethical trading practices. By restricting trading activity during this sensitive period, the company aims to prevent any misuse of information that could potentially influence the price of the company’s securities. This action is in line with SEBI’s guidelines, which require listed companies to enforce strict controls over insider trading.

Corporate Governance and Fair Disclosure

Hexa Tradex Limited has always emphasized the importance of maintaining high standards of corporate governance and transparency. By strictly adhering to the regulations, the company ensures that all market participants are treated fairly and that price-sensitive information is disclosed in a manner that is equitable and transparent. The trading window closure is an essential part of this commitment, helping to protect the integrity of the financial markets.

Timeline for Reopening of Trading Window

As per SEBI guidelines, the trading window will be reopened 48 hours after the public announcement of the company’s financial results for the quarter and financial year ending March 31, 2025. This timeline ensures that all stakeholders have access to the same information before engaging in any trading activity involving the company’s securities.

Conclusion

The closure of the trading window by Hexa Tradex Limited reflects the company’s dedication to upholding corporate ethics and adhering to regulatory requirements. This action not only protects the interests of investors but also ensures that trading in the company’s securities is conducted in a transparent and fair manner. Investors and market participants are advised to take note of this trading restriction and refrain from engaging in any trading activity involving the company’s securities during the specified period.

This announcement serves as a reminder that Hexa Tradex Limited remains committed to maintaining transparency, compliance, and ethical practices in all its operations, contributing to a fair and well-regulated securities market.

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