Certification Period

14th July 2026 to 30th July 2026

Regulatory Framework

The certification is issued pursuant to:

  • Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations), specifically Regulations 3(5) and 3(6)
  • BSE Circular No.20241018-44 dated October 18, 2024
  • NSE Circular No.NSE/CML/2024/31 dated October 18, 2024

Key Findings

  • The Company has a Structured Digital Database (SDD) in place
  • Control exists regarding who can access the SDD
  • No non-compliance instances were identified during the review period

Scope and Limitations

  • Maintenance of SDD is the responsibility of the management of the Company
  • The engagement only certifies the extent of compliance as required by the circulars
  • The determination of what constitutes UPSI (Unpublished Price Sensitive Information) rests with company management
  • The certification was performed on a test basis
  • The processes and practices followed provide a reasonable basis for certification

Certifying Authority Details

  • Parshwa Shah, Practising Company Secretary
  • FCS: 12149
  • COP: 25318
  • UDIN: FO09559H000981310
  • Peer Review Certificate No: 5656/2024
  • Firm: Parshwa Shah & Associates, Company Secretaries
  • Address: D 702, Saransh Arth, Near Rajyash Reeva, Vasna, Ahmedabad - 380007