K.C.P. Sugar and Industries Announces Trading Window Closure
Team Finance Saathi
26/Mar/2025

What's covered under the Article:
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K.C.P. Sugar to close trading window from April 1, 2025, till 48 hours post results.
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Trading window closure applies to designated persons and their relatives.
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Date for Board Meeting to approve results will be announced later.
K.C.P. Sugar and Industries Corporation Ltd. has announced the closure of the trading window for its securities starting from Tuesday, April 1, 2025, until 48 hours after the declaration of the audited financial results for the quarter and financial year ending March 31, 2025. This decision is in line with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the amendments made thereafter, along with the Code of Conduct adopted by the company to regulate, monitor, and report trading activities by its Designated Persons and their Immediate Relatives.
Regulatory Compliance with SEBI Guidelines
In accordance with SEBI’s (Prohibition of Insider Trading) Regulations, 2015, amended through the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018, K.C.P. Sugar and Industries Corporation Ltd. has taken a proactive step by implementing the closure of its trading window.
This move ensures that no insider with access to unpublished price-sensitive information (UPSI) can engage in trading activity that may result in unfair advantage. The trading window will remain closed until 48 hours after the announcement of the company’s audited financial results for the quarter and year ending March 31, 2025.
Applicability of Trading Window Closure
The trading window closure applies to:
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Directors and Key Managerial Personnel (KMPs)
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Designated Persons as defined by the company’s Code of Conduct
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Immediate Relatives of the above categories
The designated individuals and their relatives have been duly informed that any violation of the trading window closure during this period will be considered a breach of SEBI’s insider trading regulations and may lead to penalties and disciplinary actions.
Trading Window Closure Period and Restriction Timeline
The trading window will be closed from April 1, 2025, until 48 hours after the announcement of the audited financial results for the quarter and financial year ending March 31, 2025. During this period:
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No buying, selling, or dealing in securities of the company is permitted by Designated Persons or their Immediate Relatives.
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All insider trading compliances must be strictly followed to prevent any violation of SEBI regulations.
Board Meeting and Financial Results Disclosure Timeline
The date of the Board Meeting to consider and approve the audited financial results for the quarter and year ending March 31, 2025, will be intimated in due course. Once the financial results are finalized and declared, the trading window will reopen 48 hours after the disclosure of results.
K.C.P. Sugar and Industries Corporation Ltd. has assured that the date and timing of the Board Meeting will be communicated to the stock exchanges and the public at the earliest.
Purpose and Importance of Trading Window Closure
The primary objective of closing the trading window is to prevent any misuse of insider information during the critical period when financial results are being prepared and finalized. This mechanism is a safeguard against insider trading and helps ensure that:
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Material financial information is not exploited for personal gain.
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Transparency and fairness are maintained in the securities market.
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Investor confidence remains intact, ensuring that trading activities are conducted ethically and within regulatory frameworks.
Understanding SEBI’s Prohibition of Insider Trading Regulations
The SEBI (Prohibition of Insider Trading) Regulations, 2015 mandate that all listed companies must implement trading restrictions during periods where price-sensitive information is being processed. These restrictions are enforced through a trading window closure, ensuring that Designated Persons and their Immediate Relatives are prohibited from engaging in any form of trading until the information is publicly disclosed.
In line with these regulations, K.C.P. Sugar and Industries Corporation Ltd. has established a Code of Conduct to Regulate, Monitor, and Report Trading by Designated Persons. This code emphasizes:
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Timely communication of trading window closures to relevant stakeholders.
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Continuous monitoring of insider trading practices.
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Strict adherence to SEBI’s compliance framework.
Notification and Communication to Designated Persons
T. Karthik Narayanan, Company Secretary of K.C.P. Sugar and Industries Corporation Ltd., has intimated all Designated Persons and their Immediate Relatives about the trading window closure and has reiterated the importance of complying with the regulatory guidelines during the closure period.
The company has further emphasized that any breach of insider trading regulations during this period will result in disciplinary action and possible penalties under SEBI guidelines.
Financial Results and Trading Window Reopening
K.C.P. Sugar and Industries Corporation Ltd. will announce the audited financial results for the quarter and year ending March 31, 2025, after the conclusion of the Board Meeting. The trading window will reopen 48 hours after the declaration of the financial results, ensuring that all market participants have equal access to the company’s financial performance information.
Commitment to Corporate Governance and Ethical Trading
K.C.P. Sugar and Industries Corporation Ltd. is committed to maintaining high standards of corporate governance and ensuring compliance with all regulatory requirements. The trading window closure is part of the company’s broader commitment to:
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Preventing insider trading and protecting investor interests.
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Upholding ethical business practices and ensuring fair disclosure of financial information.
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Adhering to SEBI’s guidelines to safeguard market integrity.
Disclosure of Board Meeting Date and Further Announcements
The company will communicate the date of the Board Meeting for the approval of the audited financial results at a later stage. K.C.P. Sugar and Industries Corporation Ltd. will ensure that all necessary information is disclosed promptly to the stock exchanges and shareholders.
Conclusion
In conclusion, K.C.P. Sugar and Industries Corporation Ltd. has announced the closure of its trading window from April 1, 2025, until 48 hours after the declaration of the audited financial results for the quarter and year ending March 31, 2025. This measure is in line with SEBI’s insider trading regulations and aims to protect market integrity and investor trust.
The date for the Board Meeting to approve the financial results will be notified in due course, and K.C.P. Sugar and Industries Corporation Ltd. remains fully committed to ensuring compliance with all applicable regulations and promoting ethical trading practices.
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