Mach Conferences & Events Limited (MCEL) has announced the closure of its trading window for dealing in the company's equity shares starting from Tuesday, 1st April 2025. This decision is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and as per the provisions outlined in the Code of Conduct for Prevention of Insider Trading framed by the company.

According to the official disclosure submitted to the Bombay Stock Exchange (BSE), the trading window will remain closed for all insiders, including:

• Directors and Key Managerial Personnel (KMPs)

• Promoters and Designated Persons

• Connected Persons and their immediate relatives

The trading window will remain closed until 48 hours after the declaration of the Audited Financial Results (Standalone and Consolidated) for the half year and financial year ending 31st March 2025.

Compliance with SEBI Regulations

The closure of the trading window is a mandatory compliance measure under the SEBI (Prohibition of Insider Trading) Regulations, 2015, designed to prevent insider trading by individuals who have access to unpublished price-sensitive information (UPSI). The Code of Conduct for Mach Conferences & Events Limited aligns with the provisions of Sub-clause (2) of Clause 4 of Schedule-B of SEBI Regulations, ensuring that all insiders adhere to trading restrictions during periods of financial disclosure.

This initiative is part of the company’s commitment to ensuring transparency and fairness in the securities market by restricting insiders from taking undue advantage of confidential financial information.

Trading Window Closure Duration

• Start Date: 1st April 2025

• End Date: 48 hours after the declaration of financial results for FY 2024-25

• Applies to: All insiders, Designated Persons, Connected Persons, and their immediate relatives

The trading window closure prohibits trading in the company’s equity shares by insiders who may have access to sensitive financial information that could potentially influence market prices.

Applicability of Trading Window Closure

The trading window closure applies to:

• Directors and Key Managerial Personnel (KMPs)

• Promoters and Designated Persons

• Connected Persons and their immediate relatives
  Immediate relatives include spouses, parents, children, siblings, and other dependents who may have access to insider information.

Mach Conferences & Events Limited has emphasized that any violation of the trading window closure policy will attract serious consequences, including potential regulatory actions under SEBI guidelines.

Declaration of Financial Results

The Audited Financial Results (Standalone and Consolidated) for the half year and financial year ending 31st March 2025 will be considered and approved by the Board of Directors in an upcoming board meeting. The date of the board meeting for approving these results will be communicated separately to the stock exchanges and stakeholders.

Following the announcement of the financial results, the trading window will reopen 48 hours after the disclosure of the results to the stock exchange.

Compliance and Role of the Compliance Officer

The Compliance Officer of Mach Conferences & Events Limited, Yashashvi Srivastava, has been entrusted with the responsibility of ensuring adherence to the insider trading regulations and monitoring the compliance of insiders with the company’s Code of Conduct.

Key responsibilities of the Compliance Officer include:

• Monitoring insider trading activities and ensuring compliance with SEBI regulations.

• Communicating guidelines regarding the trading window closure to insiders and connected persons.

• Ensuring that insiders refrain from trading activities until the end of the closure period.

Objective of Trading Window Closure

The primary objective of the trading window closure is to prevent insider trading by restricting the trading of shares by individuals who may possess unpublished price-sensitive information (UPSI) during critical financial disclosure periods. By implementing this mechanism, Mach Conferences & Events Limited aims to:

• Safeguard market integrity and protect investor interests.

• Promote fair trading practices by restricting privileged access to sensitive information.

• Ensure compliance with SEBI’s regulatory framework for listed companies.

Implications for Designated and Connected Persons

During the trading window closure period, Designated and Connected Persons and their immediate relatives are strictly prohibited from engaging in any trading activity related to Mach Conferences' equity shares. This measure ensures that individuals with access to UPSI do not influence the market in any way during sensitive periods.

Disclosure to Stock Exchange

In compliance with regulatory disclosure norms, Mach Conferences & Events Limited has formally communicated the trading window closure to the Bombay Stock Exchange (BSE).

• Scrip Code: 544248

• Scrip ID: MCEL

The company has confirmed that the trading window closure will remain in effect until 48 hours after the financial results for FY 2024-25 are declared and disclosed to the stock exchange.

Investor Advisory and Market Implications

Investors and stakeholders are advised to note that the trading window closure applies only to insiders, Designated Persons, and their immediate relatives. Public investors and shareholders can continue to trade as per normal market operations.

Mach Conferences has reiterated its commitment to ensuring that insider trading regulations are strictly followed, and all concerned persons are duly notified about the closure period to prevent any inadvertent non-compliance.

Conclusion

The announcement of the trading window closure by Mach Conferences & Events Limited highlights the company’s proactive approach to ensuring compliance with SEBI regulations and maintaining market transparency. The company remains committed to upholding corporate governance norms and ensuring that all insiders adhere to the Code of Conduct for Prevention of Insider Trading.

Mach Conferences & Events Limited will continue to keep stakeholders informed about further developments, including the announcement of the Board Meeting date for approving the financial results for FY 2024-25 and the subsequent reopening of the trading window.

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