SOMI Conveyor Beltings Ltd has officially announced the closure of its trading window for the period starting from April 1, 2025, and continuing until forty-eight hours after the declaration of the Audited Financial Results for the fiscal year ending on March 31, 2025. The decision is in line with the BSE Circular No. LIST/COMP/01/2019-20, SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct regarding insider trading.

Reason for Trading Window Closure

The closure of the trading window is a standard procedure observed by SOMI Conveyor Beltings to ensure compliance with SEBI regulations. The company has stated that during this closed window period, Directors, Officers, Designated Employees, and their immediate relatives are prohibited from trading in the company’s equity shares. The closure aims to prevent any potential misuse of unpublished price-sensitive information before the financial results are made public.

Key Details

• Trading Window Closure: From April 1, 2025, until 48 hours after the declaration of the financial results for the year ending March 31, 2025.

• Affected Parties: Directors, Officers, Designated Employees, and their immediate relatives.

• Purpose: To comply with insider trading regulations and ensure transparency in trading practices.

Next Steps

The date of the Board meeting where the company will discuss and approve the Audited Financial Results for the fourth quarter and FY 2024-25 will be communicated in due course.

This is part of the company’s ongoing commitment to adhering to corporate governance norms and maintaining transparency in its financial dealings.

Conclusion

SOMI Conveyor Beltings remains committed to ensuring a fair and transparent trading environment for all its stakeholders. The closure of the trading window ensures that no insider information is used for personal gain and that the company continues to operate in line with best practices in corporate governance.

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