Three M Paper Boards Limited has announced the closure of its trading window starting from April 1, 2025, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain closed until 48 hours after the declaration of the audited financial results for the half year and year ending March 31, 2025.

The closure is applicable to all designated persons, their immediate relatives, and specified connected persons, prohibiting them from engaging in any transactions involving the company’s securities during this period. The date of the Board Meeting to consider and approve the audited financial results will be intimated separately in due course.

Details of the Trading Window Closure

As per the company’s Code of Conduct to Regulate, Monitor, and Report Trading by Insiders, framed in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window closure aims to prevent any potential misuse of unpublished price-sensitive information (UPSI).

• Closure Period: The trading window will be closed from April 1, 2025, and will remain closed until 48 hours after the announcement of the audited financial results for the half year and year ending March 31, 2025.

• Restriction on Trading: All designated employees, directors, their immediate relatives, and specified connected persons have been prohibited from dealing in the company’s securities during this period.

Objective of the Trading Window Closure

The trading window closure is a preventive measure aimed at safeguarding confidential financial information and preventing any potential insider trading activity. According to the SEBI (Prohibition of Insider Trading) Regulations, 2015, companies are required to adopt and enforce strict controls to ensure that no insider gains unfair advantage by accessing sensitive information that is not available to the public.

The company’s Code of Conduct explicitly defines the scope of designated persons and connected persons, ensuring that no individual with access to unpublished price-sensitive information engages in trading during the sensitive period surrounding the declaration of financial results.

Compliance with SEBI Regulations

Three M Paper Boards Limited has always maintained a high standard of corporate governance by adhering to SEBI regulations and implementing strict protocols to prevent insider trading. The company’s Code of Conduct to Regulate, Monitor, and Report Trading by Insiders is designed to protect the interests of shareholders and stakeholders by ensuring fair trading practices.

Under the company’s compliance framework, the following categories are covered under the trading restrictions:

• Directors, Key Managerial Personnel (KMPs), and Designated Employees

• Employees and consultants with access to price-sensitive information

• Immediate relatives of the above categories

• Connected persons who may possess UPSI

These individuals are prohibited from dealing in securities of the company during the period of trading window closure, thereby preventing any misuse of confidential financial data.

Financial Results for Half Year and FY 2024-2025

The Board of Directors of Three M Paper Boards Limited will convene a Board Meeting to consider and approve the audited financial results for the half year and year ending March 31, 2025. The exact date of the Board Meeting will be communicated separately to the stock exchanges and relevant authorities.

Stakeholders and investors are advised to stay updated for the announcement of the Board Meeting date and the subsequent release of the audited financial results.

Implications for Designated Persons and Insiders

During the trading window closure period, all designated persons and connected persons are prohibited from engaging in any trading activity involving the company’s securities. This restriction applies to the following categories:

• Promoters, directors, and key managerial personnel (KMPs)

• Employees and consultants with access to sensitive financial data

• Immediate relatives of the above categories

• Any other connected persons as defined under the SEBI (PIT) Regulations

Any violation of these guidelines can lead to penalties and disciplinary actions as prescribed under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Why Trading Window Closure is Crucial

The closure of the trading window is a crucial step to ensure that sensitive financial information remains protected until it is publicly disclosed. This practice reinforces transparency, trust, and integrity in the company’s operations, preventing any potential misuse of information that could lead to unfair trading advantages.

Key Highlights:

• Trading window closes from April 1, 2025, and remains closed until 48 hours after the declaration of financial results.

• Designated persons and their immediate relatives are prohibited from trading during this period.

• The date of the Board Meeting for approval of results will be announced separately.

Conclusion

Three M Paper Boards Limited has taken all necessary steps to comply with the SEBI (Prohibition of Insider Trading) Regulations, 2015, by announcing the closure of its trading window starting from April 1, 2025, until 48 hours after the declaration of the audited financial results. This proactive measure is aimed at preventing insider trading and protecting the interests of all shareholders and stakeholders.

The Board Meeting date to approve the audited financial results for the half year and year ending March 31, 2025, will be intimated separately. Through strict adherence to compliance protocols and maintaining high standards of governance, Three M Paper Boards Limited reaffirms its commitment to fostering fair and transparent trading practices.

The Upcoming IPOs in this week and coming weeks are Arisinfra Solutions Limited, Infonative Solutions Limited,Spinaroo Commercial Limited,Aten Papers & Foam Limited.

The Current active IPO are Retaggio Industries Limited,Identixweb Limited, ATC Energies System Limited, Shri Ahimsa Naturals 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.