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of <h1>SEBI requires companies to establish a fair disclosure code for unpublished price-sensitive info, aligning with Schedule A principles.</h1> The Securities and Exchange Board of India (SEBI) mandates that the board of directors of every company with listed securities must establish and publish a code of practices for fair disclosure of unpublished price-sensitive information. This code should align with the principles in Schedule A of the regulations, ensuring transparency and equality of access to information. Companies must promptly inform stock exchanges of any amendments to this code. The aim is to maintain transparency in disclosures that could influence market price discovery, including policies on dividends, growth pursuits, and communications with analysts.
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