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Steel Authority of India closes trading window ahead of Q2 results

September 27, 2025 at 09:19 AM UTCBy FilingReader AI

Steel Authority of India Limited (SAIL) announced the closure of its trading window for dealing in company securities, effective from October 1, 2025. This closure will remain in effect until 48 hours after the declaration of the financial results for the quarter and half-year ending September 30, 2025. The date for the board meeting to consider these financial results will be communicated in due course.

This action is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended. All designated persons, including their immediate relatives, have been explicitly informed that they are prohibited from engaging in any transaction involving the purchase or sale of SAIL’s securities during this period.

The restriction aligns with the "Internal Code of Conduct for Prevention of Insider Trading in dealing with securities of SAIL, 2016," which is framed under the aforementioned SEBI regulations. The measure aims to prevent insider trading activities leading up to the announcement of the company’s financial performance.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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