Indo National Limited, popularly known for its Nippo Batteries, has announced the closure of its trading window starting from April 1, 2025, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code of Conduct for Prevention of Insider Trading. The trading window will remain closed until 48 hours after the announcement of the audited financial results for the quarter and year ending March 31, 2025.

Trading Window Closure Details

The closure of the trading window applies to all designated persons, including:

• Directors

• Designated Employees

• Insiders and their immediate relatives

As per the company’s Code of Conduct, no transaction involving the company’s securities will be allowed during this period. The trading window will reopen 48 hours after the announcement/declaration of the audited financial results for the quarter and year ending March 31, 2025.

Objective Behind Trading Window Closure

The closure of the trading window is a precautionary measure to ensure compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and to prevent any potential misuse of unpublished price-sensitive information (UPSI). This measure ensures that directors, employees, and insiders do not take advantage of any sensitive financial information before it becomes public.

Compliance with SEBI Regulations

As per the SEBI (Prohibition of Insider Trading) Regulations, 2015, companies are required to implement strict monitoring mechanisms to prevent insider trading. The company’s Code of Conduct for Prevention of Insider Trading is aligned with these regulations to ensure that no designated persons or their immediate relatives engage in any trading activity during the sensitive period.

Highlights of Compliance:

• Restriction on Trading: Trading window closure applies to all directors, designated employees, and insiders, prohibiting them from trading in the securities of the company.

• Prevention of Insider Trading: The closure ensures that unpublished price-sensitive information is not misused for any unfair advantage.

• Reopening of Trading Window: The trading window will reopen 48 hours after the declaration of audited financial results.

Applicability of Trading Window Closure

The trading window closure will be applicable from April 1, 2025, and will remain in effect until 48 hours after the announcement of the audited financial results for the quarter and year ending March 31, 2025.

Who is restricted from trading during this period?

• Directors and Key Managerial Personnel (KMPs)

• Designated Employees with access to unpublished price-sensitive information

• Immediate relatives of designated persons and insiders

• Connected persons defined under the SEBI Regulations

Implication of Trading Window Closure

During the trading window closure period, no individual falling under the category of designated persons can engage in any transaction involving the company’s securities. This restriction is enforced to protect the company’s corporate governance framework and ensure fairness in trading practices.

Violating these guidelines can attract penalties and disciplinary actions under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Financial Results Announcement

The Board Meeting to consider and approve the audited financial results for the quarter and year ending March 31, 2025, will be intimated separately to the stock exchanges.

Key Dates:

• Trading Window Closure Date: April 1, 2025

• Reopening Date: 48 hours after the declaration of audited financial results

Importance of Trading Window Closure

The closure of the trading window plays a crucial role in protecting sensitive financial information and maintaining transparency in the company’s operations. This period ensures that designated persons and insiders do not take advantage of material non-public information before it is disclosed to the public.

Role of the Code of Conduct for Prevention of Insider Trading

Indo National Limited’s Code of Conduct is designed to regulate, monitor, and report trading activities by insiders, ensuring compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The Code of Conduct mandates that all designated persons follow strict guidelines to avoid any potential conflicts of interest or misuse of sensitive information.

Code of Conduct Guidelines Include:

• Intimation of Trading Plans by insiders

• Pre-clearance of Trades for designated persons

• Prohibition of Trading during Closure Periods

• Maintaining Confidentiality of Price-Sensitive Information

Date of Board Meeting to be Announced Separately

The company will announce the date of the Board Meeting for the approval of the audited financial results for the quarter and year ending March 31, 2025, in due course. Shareholders and stakeholders are advised to stay updated for further announcements.

Consequences of Non-Compliance

Failure to adhere to the trading restrictions imposed during the closure period can lead to severe penalties and disciplinary actions as prescribed under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company is committed to ensuring that high standards of governance are maintained, and any violation of the trading window closure will be dealt with in accordance with the applicable regulations.

Conclusion

Indo National Limited has enforced the closure of its trading window starting from April 1, 2025, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and its own Code of Conduct for Prevention of Insider Trading. The trading window will remain closed until 48 hours after the announcement of the audited financial results for the quarter and year ending March 31, 2025.

The date of the Board Meeting for the approval of the financial results will be intimated separately. This measure reinforces Indo National Limited’s commitment to maintaining transparency, fairness, and trust among its stakeholders by adhering to the highest standards of corporate governance.

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