Mindpool Technologies Limited, a leading provider of IT solutions and consulting services, has announced the closure of its trading window for all Directors, Key Managerial Personnel (KMP), Designated Persons, and their immediate relatives from April 1, 2025, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the amendments thereto under the SEBI (Prohibition of Insider Trading) Regulations, 2018.

The trading window closure will remain effective until 48 hours after the announcement of the financial results for the financial year ending March 31, 2025. This measure is implemented to prevent any potential misuse of unpublished price-sensitive information (UPSI) and to ensure compliance with insider trading regulations.

Details of the Trading Window Closure:

• The trading window will be closed starting from Tuesday, April 1, 2025, and will remain closed until 48 hours after the declaration of the financial results for the financial year ending March 31, 2025.

• The restriction applies to Directors, KMP, Designated Persons, and their immediate relatives who are prohibited from dealing in the securities of the company during this period.

• The date of the Board Meeting to review and approve the financial results will be announced in due course and communicated to the stock exchange as per regulatory guidelines.

Objective of Trading Window Closure

The closure of the trading window aims to safeguard the integrity of the market by ensuring that insiders with access to sensitive financial information do not engage in trading activities that could result in an unfair advantage. Mindpool Technologies Limited is committed to maintaining corporate governance standards and ensuring that all trading activities comply with the SEBI guidelines.

Compliance with SEBI (Prohibition of Insider Trading) Regulations

The SEBI (Prohibition of Insider Trading) Regulations, 2015 and its amendments mandate that listed companies restrict trading activities by insiders during periods when price-sensitive information is not disclosed to the public. As per the company’s Code of Conduct for Prevention of Insider Trading, all Directors, KMP, Designated Persons, and insiders are informed about the trading window closure and are strictly prohibited from engaging in any trading activity involving the company’s securities during this period.

Intimation of Board Meeting for Financial Results

The Board Meeting to consider and approve the financial results for the financial year ending March 31, 2025, will be held soon, and the exact date will be communicated to the stock exchange and stakeholders as per the regulatory framework. Until the completion of this process, all designated persons and insiders are expected to comply with the trading restrictions.

Consequences of Non-Compliance

Violations of insider trading regulations can lead to severe penalties and sanctions from regulatory authorities. Designated persons or insiders who engage in trading activities during the window closure period may face legal repercussions, financial penalties, and reputational damage. Therefore, all insiders are strongly advised to adhere to the trading window closure guidelines to avoid any compliance issues.

Responsibility of Designated Persons and Insiders

All Directors, KMP, Designated Persons, and their immediate relatives are required to ensure compliance with the company’s Code of Conduct and abstain from dealing in the company’s securities during the trading window closure. Any violation of the prescribed regulations may lead to disciplinary action and reporting to SEBI.

Commitment to Corporate Governance

Mindpool Technologies Limited remains committed to upholding high standards of corporate governance and ensuring compliance with all applicable regulatory provisions. The company continuously works towards enhancing transparency, fairness, and trust in all its operations, ensuring that stakeholders are well informed about critical updates.

Expected Date of Financial Results Announcement

The company has confirmed that the Board Meeting for the approval of the financial results for the financial year ending March 31, 2025, will be announced shortly. Until then, the trading window closure will continue to remain in effect. The results will be disclosed following the Board’s approval and after fulfilling all regulatory requirements.

Conclusion

The trading window closure by Mindpool Technologies Limited reflects the company’s unwavering commitment to regulatory compliance and corporate governance. All stakeholders are requested to take note of the trading window closure and adhere to the prescribed guidelines to avoid any potential regulatory violations. Further updates regarding the Board Meeting and financial results will be communicated promptly to the stock exchange and the public.

The Upcoming IPOs in this week and coming weeks are Arisinfra Solutions Limited, Identixweb Limited, Retaggio Industries Limited, Infonative Solutions Limited.

The Current active IPO are ATC Energies System Limited, Shri Ahimsa Naturals Limited, Desco Infratech Limited, Rapid Fleet Management Services, Active Infrastructures Limited.

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.