Sungold Media And Entertainment Limited has announced the closure of its trading window for dealing in the company’s securities starting from April 1, 2025. This decision aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s Code of Conduct formulated under the same provisions to prevent insider trading.

Details of the Trading Window Closure

The trading window will be closed for all insiders, including directors, connected persons, designated persons, and their immediate relatives starting from Tuesday, April 1, 2025. This restriction will remain in effect until 48 hours after the declaration of the Audited Financial Results for the half year and year ended March 31, 2025.

Reason for the Trading Window Closure

The closure of the trading window is a routine measure taken by listed companies to prevent any misuse of unpublished price-sensitive information (UPSI) by insiders during crucial financial periods. As the company is set to finalize and approve its Audited Financial Results for the half year and year ending on March 31, 2025, this step ensures that no insider trading occurs during this sensitive period.

Board Meeting to Approve Financial Results

The Board of Directors is expected to meet soon to consider and approve the Audited Financial Results for the half year and financial year ending March 31, 2025. The date of the Board Meeting will be intimated separately in due course.

Who is Affected by the Trading Window Closure?

The trading restrictions apply to the following individuals and entities:

• Directors

• Connected Persons

• Designated Persons

• Immediate relatives of the above-mentioned persons

During the closure period, all these individuals are prohibited from trading in the company’s securities, directly or indirectly.

Reopening of the Trading Window

The trading window will reopen after the completion of 48 hours following the public disclosure of the company’s Audited Financial Results. This period allows market participants to analyze the financial performance of the company before trading resumes.

Compliance with SEBI Regulations

By announcing this closure, Sungold Media And Entertainment Limited is ensuring full compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. These regulations mandate that companies take proactive steps to safeguard against insider trading by restricting access to sensitive information during critical financial periods.

Company’s Commitment to Corporate Governance

Sungold Media remains committed to maintaining high standards of corporate governance and ensuring that price-sensitive information is disseminated in a fair and transparent manner. The company follows a strict code of conduct that aligns with regulatory requirements to safeguard the interests of its shareholders.

Intimation Uploaded on the Company Website

The information regarding the closure of the trading window has also been uploaded to the company’s official website: www.sungoldmediaent.com. This ensures that all stakeholders have timely access to critical information.

Conclusion

The closure of the trading window is a vital step to prevent insider trading and maintain fair market practices. All designated persons, insiders, and their immediate relatives are advised to refrain from trading in the company’s securities until 48 hours after the declaration of the Audited Financial Results. Sungold Media And Entertainment Limited assures that it will continue to prioritize compliance with regulatory norms and safeguard the interests of its stakeholders.

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