S J Logistics (India) Limited, a prominent logistics service provider, has officially submitted its Structured Digital Database (SDD) compliance certificate for the quarter and financial year ending 31st March 2025 in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (commonly referred to as PIT Regulations).

In a formal communication addressed to the National Stock Exchange of India Limited (NSE), the company confirmed compliance with Regulations 3(5) and 3(6) of the PIT framework, which mandates listed companies to maintain a Structured Digital Database that tracks the flow and handling of Unpublished Price Sensitive Information (UPSI).

The letter, signed by Mr. Rajen Hasmukhlal Shah, the Chairman & Managing Director of S J Logistics (India) Limited, emphasized the company’s adherence to all regulatory norms. The communication dated April 11, 2025, outlined the key highlights of their internal system to capture and control UPSI.

Key Highlights from the Compliance Certificate:

The accompanying certificate, issued by Rushabh Doshi, a Practising Company Secretary, states the following:

1. Structured Digital Database Implemented:
   The company has put in place a proper Structured Digital Database, as required by SEBI regulations, ensuring that all critical events involving UPSI are documented and accessible only to authorised personnel.

2. Access Control Measures:
   There is a system of restricted access to the database. Only designated individuals with requisite authorization are allowed to view or input data into the SDD.

3. Event Capturing and Timeliness:

   • During the fourth quarter of FY2024-25, the company captured seven (7) UPSI-related events.

   • For the entire financial year 2024-25, the system recorded eighteen (18) such events.

   • Each UPSI event entry includes details such as the nature of information, date, and timestamp, as mandated by the PIT Regulations.

4. System Capabilities and Audit Trail:
   The database is designed to be non-tamperable, with capabilities to:

   • Maintain a complete audit trail of all entries.

   • Retain records for a minimum of 8 years, as prescribed by SEBI.

   • Ensure full traceability and accountability for every instance of UPSI handling.

5. Internal Hosting and Security:
   The SDD is internally hosted, which helps in securing sensitive data against unauthorized access and ensures greater control over information dissemination.

6. Compliance with No Deviations:
   The report does not indicate any non-compliance or discrepancies during the reporting period, reflecting the company’s commitment to following the regulatory structure diligently.

Regulatory Background:

The SEBI (Prohibition of Insider Trading) Regulations, 2015, require every listed entity to institute a Structured Digital Database to ensure that any Unpublished Price Sensitive Information is recorded and its access is tracked efficiently. The purpose is to:

• Minimize the possibility of insider trading.

• Promote fairness and transparency in financial markets.

• Protect the interests of investors and maintain market integrity.

The regulations particularly emphasize:

• Regulation 3(5): Requirement for SDD containing the names of persons with whom UPSI is shared.

• Regulation 3(6): Obligation to maintain the database internally and ensure it is non-tamperable with an audit trail.

Corporate Governance and Compliance at S J Logistics:

This submission reinforces S J Logistics’ stance on strong corporate governance, regulatory compliance, and ethical handling of insider information. The certification from a qualified professional adds credibility and affirms the robustness of their internal compliance mechanisms.

The company continues to focus on not only operational efficiency in logistics but also governance standards that are aligned with regulatory expectations. With SEBI increasing scrutiny on insider trading, S J Logistics’ compliance record showcases its dedication to legal transparency and responsibility.

Conclusion:

In conclusion, S J Logistics (India) Limited has demonstrated full compliance with the SEBI Insider Trading Regulations concerning the Structured Digital Database for FY2024-25. With 7 UPSI events in Q4 and 18 throughout the year, the company ensured meticulous documentation, access control, and data retention as per the stipulated guidelines.

Such steps are critical in today’s regulatory environment where compliance, accountability, and transparency play a key role in maintaining stakeholder trust and ensuring smooth corporate operations. S J Logistics' proactive approach in this matter is a reflection of its corporate integrity and adherence to best practices in governance.

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