Prakash Industries Limited has reaffirmed its commitment to transparency and regulatory adherence by submitting its compliance certificate under Regulation 3(5) and 3(6) of SEBI’s Prohibition of Insider Trading Regulations, 2015. For the quarter ending March 31, 2025, the company confirmed its structured digital database (SDD) is active and functioning as per regulatory norms.
The company secretary, Arvind Mahla, stated that the SDD captures the nature, date, and time of unpublished price-sensitive information (UPSI), maintains internal audit trails, and is non-tamperable, supporting data retention for a minimum of eight years. Importantly, only one relevant UPSI event was required and successfully recorded in this quarter. No non-compliance or violations were reported, reflecting positively on the company’s governance protocols.
This assurance enhances investor confidence, especially among retail traders, showcasing the company’s integrity and safeguarding of sensitive market information. In an era where information leaks can disrupt stock performance, such proactive disclosures reinforce trust in corporate governance.
✅ Short Summary:
🌐 Company Compliance Summary
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📅 Quarter Covered: Jan – Mar 2025
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🏢 Company: Prakash Industries Limited
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📝 Regulation: SEBI (PIT) Regulation 3(5) & 3(6)
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📄 Certification Submitted by: Arvind Mahla (Company Secretary)
🔐 Structured Digital Database (SDD) Highlights
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📁 Maintained structured and secure UPSI database
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👥 Controlled access with user-level restrictions
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⏱️ Timestamped capture of all UPSI events
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🛡️ Non-tamperable system with audit trail
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🗃️ Data retention capability: 8 years
🚫 Non-Compliance Observed: NIL
📌 Total UPSI Events Recorded in Q4: 1
📈 Effect on Share Market:
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✅ Positive Sentiment Trigger: Demonstrates strong internal controls, boosting investor confidence.
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📊 Potential Market Reaction: Slight upward pressure on stock price due to transparency in compliance.
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🔄 Impact Type: Indirect, supports long-term valuation and trust in management.
🏢 About Prakash Industries Ltd:
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📍 Location: New Delhi (Registered office in Hissar, Haryana)
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🔧 Industry: Steel & Power Manufacturing
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🌐 Website: www.prakash.com
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📞 Contact: +91-11-41155320
🙋♂️ How It Helps Retail Traders:
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🔍 Enables clear visibility on the company’s information flow.
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✅ Reduces risk of stock manipulation via insider info.
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📈 Encourages retail confidence in ethical investing.
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🧠 Better informed decision-making thanks to data transparency.
✨ Hook for Reader:
“One event, one rule, zero violations – Prakash Industries sets a new bar for corporate transparency!”
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
