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CODE OF CONDUCT FOR PREVENTION OF INSIDER TRADING IN SECURITIES OF THE COMPANY

The Securities and Exchange Board of India (SEBI) has vide the Securities & Exchange Board of India (Insider Trading) (Amendment) Regulations, 2002, amended the Securities & Exchange Board of India (Insider Trading) Regulations, 1992. These regulations shall now be called “Securities & Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992” (hereinafter referred to as “the Regulations”).

The Regulations now make it mandatory for every listed public Company to lay down a code of conduct to be observed by its directors, officers and employees.

This document embodies the company’s code of conduct for prevention of insider trading in securities of the company and encapsulates the restrictions, formats and the rules of conduct to be followed by the company’s directors, officers and employees and is intended to serve as a guiding charter for all persons associated with its functioning.
 
   
   
 
   
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