V-Marc India Submits Structured Digital Database (SDD) Compliance for Q4 2024
Team Finance Saathi
22/Jan/2025
What's covered under the Article:
- V-Marc India submits SDD Compliance Certificate for Q4 2024 under SEBI regulations.
- The Structured Digital Database (SDD) is maintained in line with Regulation 3(5) and 3(6) of SEBI.
- No non-compliance reported for the quarter ended December 31, 2024.
V-Marc India Limited has submitted its Structured Digital Database (SDD) Compliance Certificate for the quarter ending December 31, 2024, in accordance with Regulation 3(5) and 3(6) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.
As part of the ongoing insider trading compliance, the SDD Compliance Certificate verifies that the company has maintained a Structured Digital Database to track Unpublished Price Sensitive Information (UPSI). The compliance report highlights that the SDD system has been implemented effectively, with robust controls on access and the capability to record relevant data.
Key points from the compliance certificate include:
- Structured Digital Database in place: Ensuring the company tracks all UPSI data for insider trading regulations.
- Access controls: Only authorized personnel can access sensitive UPSI data, ensuring data integrity.
- Audit trail: The system captures UPSI data with date and time stamps, maintaining a clear trail for internal audits.
- Tamper-proof database: The database is designed to be non-tamperable and capable of retaining records for 8 years.
The compliance certificate confirms that one event requiring documentation under the regulations has been successfully captured during the quarter.
The company also reported that there were no non-compliance issues observed in the quarter, ensuring that V-Marc India has adhered to all SEBI guidelines related to insider trading regulations.
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