Saven Technologies Announces Trading Window Closure for FY25 Financial Results
Team Finance Saathi
26/Mar/2025

What's covered under the Article:
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Saven Technologies announces trading window closure from April 1, 2025.
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Trading window closed until 48 hours after financial results declaration.
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Tentative closure end date set for June 1, 2025.
Saven Technologies Limited has informed that the trading window for dealing in the company’s securities will remain closed starting from April 1, 2025, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s Code of Conduct for Prevention of Insider Trading.
This decision follows the guidelines established to protect the market from potential misuse of unpublished price-sensitive information (UPSI). The trading window will remain closed for all Designated Persons, including Directors, Designated Employees, Connected Persons, and their immediate relatives, until 48 hours after the declaration of the financial results for the quarter and year ending March 31, 2025.
Trading Window Closure Details
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The closure of the trading window will start on April 1, 2025, and last until 48 hours after the declaration of the company’s financial results for the FY25 period, which will be approved in a Board Meeting.
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During this period, trading in the company’s securities is strictly prohibited for all insiders as per SEBI regulations and company policy.
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The tentative end date for the closure is June 1, 2025, but this will depend on the exact date of the Board Meeting to approve the financial results. The final date will be communicated to the stock exchanges accordingly.
Regulatory Compliance
Saven Technologies adheres to the SEBI (Prohibition of Insider Trading) Regulations, ensuring that insiders do not engage in insider trading during sensitive periods when financial results or other price-sensitive information are pending release. This closure aims to prevent any undue advantages gained through the knowledge of such unpublished information.
Insider Trading Guidelines
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All Designated Persons, Connected Persons, and their Immediate Relatives must refrain from any trading activities in the company’s securities during the closure period.
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Failure to comply with these regulations could lead to significant legal penalties, as well as disciplinary action from the company, including potential termination or suspension.
Board Meeting and Financial Results
The Board Meeting to review and approve the financial results for the quarter and year ending March 31, 2025, is anticipated to occur on or before May 30, 2025. The exact date will be announced in due course, and the trading window will reopen 48 hours after the financial results are made public.
Commitment to Corporate Governance
Saven Technologies remains committed to upholding the highest standards of corporate governance and regulatory compliance. The company continues to prioritize transparency, accountability, and fairness in its operations and interactions with investors, stakeholders, and regulatory bodies.
In conclusion, the closure of the trading window by Saven Technologies Limited is a critical step in ensuring regulatory compliance and maintaining market integrity. All Designated Persons and connected insiders must strictly adhere to this closure to avoid any potential regulatory violations. Further updates will be provided regarding the Board Meeting and financial results.
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