1. INTRODUCTION
Gayatri Rubbers and Chemicals Limited (‘Company’) endeavors to preserve the confidentiality of Unpublished Price Sensitive Information (UPSI) and is committed to transparency and fairness in dealing with all its stakeholders and ensuring adherence to all laws and regulations. TheCode of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Insiders (“Code”) is intended to serve as a guiding charter for all the concerned persons associated with the Company and defines the principles and the restrictions to be observed while dealing or proposing to deal in any transaction w.r.t. the Securities of the Company and related matters.
This Code has been framed in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (“Regulations”). The Regulations prohibit an Insider from Trading in the securities of a company listed on any stock exchange on the basis of any Unpublished Price Sensitive Information (UPSI).
2. APPLICABILITY
This Code is applicable to all the Insiders.
Every Insider must review this code. In case of any doubts or queries regarding this Code, it should be directed to the Compliance Officer.
3. DEFINITIONS
3.1 “Act”meanstheSecuritiesand ExchangeBoardof India Act,1992.
3.2 “Board” means the Board of Directors of the Company.
3.3 Code” or “Code of Conduct” shall mean the Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of trading by insiders of Gayatri Rubbers and Chemicals Limited as amended from time to time.
3.4 “Company” means Gayatri Rubbers and Chemicals Limited
3.5 “Compliance Officer” mean any senior officer, designated so and reporting to the board of directors or head of the organization in case board is not there, who is financially literate and is capable of appreciating requirements for legal and regulatory compliance under these regulations and who shall be responsible for compliance of policies, procedures, maintenance of records, monitoring adherence to the rules for the preservation of unpublished price sensitive information, monitoring of trades and the implementation of the codes specified in these regulations under the overall supervision of the Board of Directors of the Company.
3.6 “Connected Person” means:
- any person who is or has during the six months prior to the concerned act been associated with a company, directly or indirectly, in any capacity including by reason of frequent communication with its officers or by being in any contractual, fiduciary or employment relationship or by being a director, officer or an employee of the company or holds any position including a professional or business relationship between himself and the company whether temporary or permanent, that allows such person, directly or indirectly, access to unpublished price sensitive information or is reasonably expected to allow such access.
- Without prejudice to the generality of the foregoing, the persons falling within the following categories shall be deemed to be connected persons unless the contrary is established, –
(a) an immediate relative of connected persons specified in clause (i); or
(b) a holding company or associate company or subsidiary company; or
(c) an intermediary as specified in section 12 of the Act or an employee or director thereof; or
(d) an investment company, trustee company, asset management company or an employee or director thereof; or
(e) an official of a stock exchange or of clearing house or corporation; or
(f) a member of board of trustees of a mutual fund or a member of the board of directors of the asset management company of a mutual fund or is an employee thereof; or
(g) a member of the board of directors or an employee, of a public financial institution as defined in section 2 (72) of the Companies Act, 2013; or
(h) an official or an employee of a self-regulatory organization recognised or authorized by the Board; or
(i) a banker of the company; or
(j) a concern, firm, trust, Hindu undivided family, company or association of persons wherein a director of a company or his immediate relative or banker of the company, has more than ten per cent. of the holding or interest;
3.7 “Dealing in Securities” means an act of subscribing to, buying, selling or agreeing to subscribe to, buy, sell or deal in the securities of the Company either as principal or agent.
3.8 “Designated Person(s)” shall include the following persons:-
- Directors of the Company;
- Key Managerial Personnel of the Company;
- Promoters including individual Promoters of the Company and Persons acting in Concert with them;
- Executive assistants/secretaries to all the above persons;
- Persons one level below the Key Managerial Personnel and
- Such other employees of the Company and persons as may be notified by the Compliance officer from time to time.
3.9 “Director” means a member of the Board of Directors of the Company.
3.10 “Employee”means every employee of the Company including the Directors in the employment of the Company.
3.11 “Generally available Information” means information that is accessible to the public on a non-discriminatory basis.
3.12 “Immediate Relative” means a spouse of a person, and includes parent, sibling, and child of such person or of the spouse, any of whom is either dependent financially on such person, or consults such person in taking decisions relating to trading in securities.
3.13 “Insider” means any person who
a.connected person; or
b.in possession of or having access to unpublished price sensitive information.
3.14 “Key Managerial Person” means person as defined in Section 2(51) of the Companies Act, 2013.
3.15 “Promoter” shall have the meaning assigned to it under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 or any modification thereof:
3.16 “Securities” shall have the meaning assigned to it under the Securities Contracts (Regulation) Act, 1956 (42 of 1956) or any modification thereof except units of a mutual fund.
3.17 “Takeover Regulations” means the Securities and Exchange Board of India (Substantial AcquisitionofSharesandTakeovers)Regulations, 2011andanyamendmentsthereto.
3.18 “Trading” meansandincludessubscribing,buying, selling,dealing,or agreeingto subscribe,buy, sell,deal inanysecurities,and “trade”shall beconstrued accordingly.
3.19 “Trading Day” means a day on which the recognized stock exchanges are open for trading.
3.20 “Trading Plan” (TP) means a plan for dealing in securities of the Company for a period not less than 12 months by the persons who may be perpetually in possession of unpublished price sensitive information.
3.21 “Trading Window” means the period during which trading may be carried out in Company’s securities by Designated Persons.
3.22 Unpublished Price Sensitive Information”: means any information, relating to a Companyoritssecurities,directly orindirectly,thatisnotgenerallyavailablewhichupon becoming generallyavailable,islikelytomateriallyaffecttheprice ofthesecuritiesand shall, ordinarilyincluding butnotrestricted to,information relating tothefollowing:
- financialresults;
- dividends;
- changeincapitalstructure;
- mergers,de-mergers, acquisitions,delisting, disposals and expansion of businessand such other transactions;
- changesin keymanagerialpersonnel;and
information relating to company or it’ssecurities, that is notgenerally available wouldbe unpublished price sensitive information ifit is likely to materially affect the price upon coming into the public domain
3.23 “Regulations” shall mean the Securities & Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and any amendments thereto.
3.24 “Specified Persons” means the Directors, connected persons; the insiders, the Designated persons, Employees and the promoters and immediate relatives are collectively referred to as Specified Persons.
Important Note: Words and expressions used and not defined in these regulations but defined in the SecuritiesandExchangeBoardofIndia Act, 1992(15of 1992), theSecuritiesContracts (Regulation)Act,1956(42of1956),theDepositoriesAct,1996(22of1996)ortheCompanies Act, 2013(18 of 2013)andrules and regulationsmadethereundershallhavethe meanings respectivelyassignedtotheminthoselegislation.
4. ROLE OF COMPLIANCE OFFICER
- The Compliance Officer shall be responsible for setting forth policies, procedures, monitoring adherence to the rules for the preservation of Unpublished Price Sensitive Information, pre- clearing trading, monitoring of trading and the implementation of Code.
- The Compliance Officer shall maintain the list of the Designated Persons & their Immediate Relatives and such other relevant records as may be deemed appropriate by the Compliance Officer for the purpose of compliance with the Code and Regulations. The Compliance Officer shall update such list based on the communication received from the Human Resources Department.
- The Compliance Officer shall assist all Designated Persons in addressing any clarification regarding the Regulations and Code.
- The Compliance Officer shall report to the Board of Directors shall provide requisite reports to the Chairman of the Audit Committee, or to the Chairman of the Board of Directors on a quarterly basis.
- In the event of any doubt on the interpretation of this Code, the Compliance Officer shall also be entitled to approach external counsel for clarifications.
TheComplianceOfficershallassistall employeesin addressinganyclarificationsregardingthe Securities&ExchangeBoardofIndia(Prohibition of InsiderTrading)Regulations,2015andthe Company’sCodeofConduct.
5. PRESERVATION OF “PRICE SENSITIVE INFORMATION”
- All information shall be handled within the Company on a need-to-know basis and no unpublished price sensitive information shall be communicated to any person except in furtherance of the insider’s legitimate purposes, performance of duties or discharge of his/her legal obligations.
Unpublished price sensitive information may be communicated, provided, allowed access to or procured, in connection with a transaction that would:-
- Entail an obligation to make an open offer under the takeover regulations where the Board of Directors of the Company is of informed opinion that the proposed transaction is in the best interests of the Company;
OR
- not attract the obligation to make an open offer under the takeover regulations but where the Board of Directors of the Company is of informed opinion that the proposed transaction is in the best interests of the Company and the information that constitute unpublished price sensitive information is disseminated to be made generally available at least two trading days prior to the proposed transaction being effected in such form as the Board of Directors may determine.
However, the Board of Directors shall require the parties to execute agreements to contract confidentiality and non-disclosure obligations on the part of such parties and such parties shall keep information so received confidential, except for the limited purpose and shall not otherwise trade in securities of the Company when in possession of unpublished price sensitive information.
5.2 Need to Know:
- “Need to Know” basis means that Unpublished Price Sensitive Information should be disclosed only to those within the Company who need the information to discharge their duty and whose possession of such information will not give rise to a conflict of interest or appearance of misuse of the information.
2.All non-public information directly received by any employee should immediately be reported to the head of the department.
5.3 Limited access to confidential information
Files containing confidential information shall be kept secure. Computer files must have adequate security of login and password etc.
6. Prevention of misuse of “Unpublished Price Sensitive Information”
Employees and connected persons designated on the basis of their functional role (“designated persons”) in the Company shall be governed by an internal code of conduct governing dealing in securities.
6.1 Trading Plan
An insider shall be entitled to formulate a trading plan for dealing in securities of the Company and present it to the Compliance Officer for approval and public disclosure pursuant to which trades may be carried out on his behalf in accordance with such plan.
6.2 Trading Plan shall:
- Not entail commencement of trading on behalf of the insider earlier than six months from the public disclosure of the plan;
- not entail trading for the period between the twentieth trading day prior to the last day of any financial period for which results are required to be announced by the issuer of the securities and the second trading day after the disclosure of such financial results;
- entail trading for a period of not less than twelve months;
- not entail overlap of any period for which another trading plan is already in existence;
- set out either the value of trades to be effected or the number of securities to be traded along with the nature of the trade and the intervals at, or dates on which such trades shall be effected; and
- Not entail trading in securities for market abuse.
6.3 The Compliance Officer shall review the Trading Plan made above and shall approve it forthwith. However, he shall be entitled to take express undertakings as may be necessary to enable such assessment and to approve and monitor the implementation of the plan as per the provisions of the Regulations.
6.4 The Trading Plan once approved shall be irrevocable and the Insider shall mandatorily have to implement the plan, without being entitled to either deviate from it or to execute any trade in the securities outside the scope of the trading plan.
However, the implementation of the trading plan shall not be commenced, if at the time of formulation of the plan, the Insider is in possession of any unpublished price sensitive information and the said information has not become generally available at the time of the commencement of implementation. The commencement of the Plan shall be deferred until such unpublished price sensitive information becomes generally available information. Further, the Insider shall also not be allowed to deal in securities of the Company, if the date of trading in securities of the Company, as per the approved Trading Plan, coincides with the date of closure of Trading Window announced by the Compliance Officer.
6.5 Upon approval of the trading plan, the compliance officer shall notify the plan to the stock exchanges on which the securities are listed.
7. Trading Window
- The tradingperiod, i.e. the tradingperiod of the stock exchanges, called ‘trading window”,isavailable for trading in the Company’s securities.
- The trading window shall be closed when the compliance officer determines that a designated person or class of designated persons can reasonably be expected to have possession of unpublished price sensitive information.
- When the trading window is closed, the Specified Persons shall not trade in the Company’ssecuritiesin such period.
- AllSpecified Personsshallconductalltheirdealingsin thesecurities oftheCompanyonly inavalidtrading window andshallnotdealinany transactioninvolvingthepurchaseor sale oftheCompany’ssecuritiesduring theperiods when thetradingwindowisclosed.
- IncaseofESOPs,exerciseofoptionmaybeallowedintheperiodwhenthetrading windowis closed.However,sale ofsharesallottedonexerciseof ESOPsshallnotbe allowed whentrading isclosed.
7.1 TheComplianceOfficershallintimatetheclosureoftradingwindowto allthe designated employees of the Company when he determines that a designated person or class of designated persons can reasonably be expected to have possession of unpublished price sensitiveinformation.Suchclosureshallbeimposedinrelationtosuchsecuritiestowhich suchunpublishedpricesensitiveinformationrelates.
7.2 TheComplianceOfficerafter taking into account various factorsincludingtheunpublished price sensitiveinformationin questionbecominggenerally availableandbeingcapableofassimilation bythemarket,shalldecidethetimingforre-openingofthetradingwindow,however in any event it shallnot beearlierthan forty-eight hoursafterthe information becomesgenerally available.
7.3 The trading window shall also be applicable to any person having contractual or fiduciary relation with the Company, such as auditors, accountancy firms, law firms, analysts, consultants etc., assisting or advising the Company.
7.4 The timing for re-opening of the trading window shall be determined by the compliance officer taking into account various factors including the unpublished price sensitive information in question becoming generally available and being capable of assimilation by the market, which in any event shall not be earlier than forty-eight hours after the information becomes generally available. The trading window shall also be applicable to any person having contractual or fiduciary relation with the company, such as auditors, accountancy firms, law firms, analysts, consultants etc., assisting or advising the company.
7.5 When the trading window is open, trading by designated persons shall be subject to preclearance by the compliance officer, if the value of the proposed trades is above such thresholds as the board of directors may stipulate. No designated person shall apply for pre-clearance of any proposed trade if such designated person is in possession of unpublished price sensitive information even if the trading window is not closed.
8. Pre-clearance of Trades
All Specified Persons, who intend to deal in the securities of the Company when the trading window is opened and if the value of the proposed trades is above Rs. 10 Lacs should pre-clear the transaction. However, no designated person shall be entitled to apply for pre-clearance of any proposed trade if such designated person is in possession of unpublished price sensitive information even if the trading window is not closed and hence he shall not be allowed to trade. The pre-dealing procedure shall be hereunder:
- An application may be made in the prescribed Form (Annexure 1) to the Compliance officer indicating the estimated number of securities that the Specified Employee intends to deal in, the details as to the depository with which he has a security account, the details as to the securities in such depository mode and such other details as may be required by any rule made by the company in this behalf.
- An undertaking (Annexure 2) shall be executed in favour of the Company by such Specified Employee incorporating, inter alia, the following clauses, as may be applicable:
- That the Employee/ Director/ Officer does not have any access or has not received “Price Sensitive Information” up to the time of signing the undertaking.
- That in case the Specified Employee has access to or receives “Price Sensitive Information” after the signing of the undertaking but before the execution of the transaction he/she shall inform the Compliance Officer of the change in his position and that he/she would completely refrain from dealing in the securities of the Company till the time such information becomes public.
- That he/ she has not contravened the code of conduct for prevention of insider trading as notified by the Company from time to time.
- That he/ she has made a full and true disclosure in the matter.
4. All Specified Persons shall execute their order in respect of securities of the Company within one week after the approval of pre-clearance is given. The Specified Person shall file within 2 (two) days of the execution of the deal, the details of such deal with the Compliance Officer in the prescribed form. In case the transaction is not undertaken, a report to that effect shall be filed. (Annexure 3).
5.If the order is not executed within seven trading days after the approval is given, the Employee/ Director must pre-clear the transaction again.
6.All Specified Persons who buy or sell any number of shares of the Company shall not enter into an opposite transaction i.e. sell or buy any number of shares during the next six months following the prior transaction. All Specified Persons shall also not take positions in derivative transactions in the shares of the Company at any time. In case of any contra trade be executed, inadvertently or otherwise, in violation of such a restriction, the profits from such trade shall be liable to be disgorged for remittance to the Securities and Exchange Board of India (SEBI) for credit to the Investor Protection and Education Fund administered by SEBI under the Act.
7.The Compliance Officer may waive off the holding period in case of sale of securities in personal emergency after recording reasons for the same. However, no such sale will be permitted when the Trading window is closed.
9. Other Restrictions
- The disclosures to be made by any person under this Code shall include those relating to trading by such person’s immediate relatives, and by any other person for whom such person takes trading decisions.
- The disclosures of trading in securities shall also include trading in derivatives of securities and the traded value of the derivatives shall be taken into account for purposes of this Code.
- The disclosures made under this Code shall be maintained for a period of five years.
10. Reporting Requirements for transactions in securities
Initial Disclosure
10.1 Every promoter/ Key Managerial Personnel/ Director/ Officers/ Designated Employees of the Company, within thirty days of these regulations taking effect, shall forward to the Company the details of all holdings in securities of the Company presently held by them including the statement of holdings of dependent family members in the prescribed Form (Annexure 4).
10.2Every person on appointment as a key managerial personnel or a director of the Company or upon becoming a promoter shall disclose his holding of securities of the Company as on the date of appointment or becoming a promoter, to the Company within seven days of such appointment or becoming a promoter.
Continual Disclosure
10.3 Every promoter, employee and director of the Company shall disclose to the Company the number of such securities acquired or disposed of within two trading days of such transaction if the value of the securities traded, whether in one transaction or a series of transactions over any calendar quarter, aggregates to a traded value in excess of Rs. Ten Lakhs or such other values as may be specified.
The disclosure shall be made within 2 trading days of:
(a) the receipt of intimation of allotment of shares, or (b) the acquisition or sale of shares or voting rights, as the case may be.
11. Disclosure by the Company to the Stock Exchange(s)
11.1 Within 2 days of the receipt of intimation under Clause 8.3, the Compliance Officer shall disclose to all Stock Exchanges on which the Company is listed, the information received.
11.2 The Compliance officer shall maintain records of all the declarations in the appropriate form given by the directors/ officers/ designated employees for a minimum period of five years.
12. Dissemination of Price Sensitive Information
12.1 No information shall be passed by Specified Persons by way of making a recommendation for the purchase or sale of securities of the Company.
12.2 Disclosure/ dissemination of Price Sensitive Information with special reference to analysts, media persons and institutional investors:
The following guidelines shall be followed while dealing with analysts and institutional investors:
- Only public information to be provided.
- At least two Company representatives be present at meetings with analysts, media persons and institutional investors.
- Unanticipated questions may be taken on notice and a considered response given later. If the answer includes price sensitive information, a public announcement should be made before responding.
Simultaneous release of information after every such meet
13. Penalty for contravention of the code of conduct
- Every Specified Person shall be individually responsible for complying with the provisions of the Code (including to the extent the provisions hereof are applicable to his/her dependents).
- Any Specified Person who trades in securities or communicates any information for trading in securities, in contravention of this Code may be penalized and appropriate action may be taken by the Company.
- Specified Persons who violate the Code shall also be subject to disciplinary action by the Company, which may include wage freeze, suspension, ineligibility for future participation in employee stock option plans, etc.
- The action by the Company shall not preclude SEBI from taking any action in case of violation of SEBI (Prohibition of Insider Trading) Regulations, 2015.
14. Code of Fair Disclosure
A code of practices and procedures for fair disclosure of unpublished price sensitive information for adhering each of the principles is set out below:
- Prompt public disclosure of unpublished price sensitive information that would impact prices discovery no sooner than credible and concrete information comes into being in order to make such information generally available.
- Uniform and universal dissemination of unpublished price sensitive unpublished price sensitive information to avoid selective disclosure.
- Designation of a senior officer as a chief investor relations officer to deal with dissemination of information and disclosure of unpublished price sensitive information.
- Prompt dissemination of unpublished price sensitive information that gets disclosed selectively, inadvertently or otherwise to make such information generally available.
- Appropriate and fair response to queries on news reports and requests for verification of market rumors by regulatory authorities.
- Ensuring that information shared with analysts and research personnel is not unpublished price sensitive information.
- Developing best practices to make transcripts or records of proceedings of meetings with analysts and other investor relations conferences on the official website to ensure official confirmation and documentation of disclosures made.
- Handling of all unpublished price sensitive information on a need-to-know basis.
15. Amendment to the Code
This Code and any subsequent amendment(s) thereto, shall be by way of a resolution by the Board of Directors and shall be circulated to Designated Persons as per the internal communication policy of the Company, if any.
This Code is subject to review from time to time.
ANNEXURE-1:
SPECIMEN OF APPLICATION FOR PRE-DEALING APPROVAL
Date:
To,
The Compliance Officer
Gayatri Rubbers and Chemicals Limited
Dear Sir/ Madam,
Sub: Application forPre-Dealingapproval inSecuritiesof the Company
Pursuanttothe SEBI(prohibitionofInsiderTrading)Regulations,2015andtheCompany’sCodeof ConductforPreventionofInsiderTrading,I seekapproval topurchase/sale/subscription of_________________ equitysharesof theCompanyasperdetailsgivenbelow:
| 1. | NameoftheApplicant | ||
| 2. | Designation | ||
| 3. | Numberof securitiesheldas on date | ||
| 4. | FolioNo./DPID/ClientID No.) | ||
| 5. | Theproposal isfor | (a) Purchaseofsecurities (b) Subscription tosecurities (c) Sale ofsecurities | |
| 6. | Proposed dateof dealing in securities | ||
| 7. | Estimatednumberofsecuritiesproposedtobe acquired/subscribed/sold | ||
| 8. | Priceatwhich thetransaction isproposed | ||
| 9. | Currentmarketprice(ason dateof application) | ||
| 10. | Whether theproposed transaction will be through stockexchangeoroff-marketdeal | ||
| 11. | Folio No. / DP ID / Client ID No. where the securitieswill becredited/ debited |
I encloseherewiththeform of Undertaking signed byme.
Yoursfaithfully,
Name of the Employee (Signature of Employee)
ANNEXURE 2:
FORMAT OF UNDERTAKINGTOBEACCOMPANIEDWITHTHE APPLICATIONFORPRE-CLEARANCE
Undertaking
To,
TheComplianceOfficer,
Gayatri Rubbers and Chemicals Limited
Dear Sir,
I, _______________________ of the Company residing at , _____________________amdesirous of dealing in ____________________ shares* oftheCompanyas mentionedinmyapplicationdatedforpre-clearanceofthe transaction.
IfurtherdeclarethatIamnotinpossession ofor otherwiseprivytoanyunpublished PriceSensitive Information(asdefinedintheCompany’sCodeofConductforpreventionofInsiderTrading(theCode) up tothetimeofsigning thisUndertaking. IntheeventthatIhaveaccesstoor receivedanyinformation thatcouldbeconstruedas“PriceSensitive Information”asdefinedintheCode,afterthesigningofthisundertaking butbeforeexecutingthe transactionfor whichapprovalis sought,IshallinformtheComplianceOfficerofthesameandshall completelyrefrain from dealing in thesecuritiesoftheCompany until such information becomespublic.
IdeclarethatIhavenotcontravened theprovisionsoftheCodeasnotified bytheCompanyfromtimeto time.
I undertaketosubmitthenecessaryreportwithin fourdays of execution of thetransaction/a ‘Nil’report if thetransaction isnotundertaken.
Ifapprovalisgranted,Ishall executethedeal within7 daysofthereceipt ofapprovalfailing whichIshall seek pre-clearance.
I declarethatI havemadefull and truedisclosureinthematter.
Date: _____________
Name: _____________
Signature: _____________
Address: __________________________________
*Indicatenumberofshares
ANNEXURE3:
FORMAT FORDISCLOSURE OF TRANSACTIONS
(To besubmittedwithin2daysof transaction/dealing in securitiesoftheCompany)
To,
TheComplianceOfficer,
Gayatri Rubbers and Chemicals Limited
I herebyinformthatI:
- havenotbought/sold/subscribed anysecuritiesof theCompany.
- havebought/ sold/ subscribed to securitiesasmentioned belowon ______________ (date).
| Nameof holder | No. of securities dealtwith | Bought/sold/subscribed | DPID/ ClientID/ FolioNo. | Price(Rs.) |
In connection with the aforesaid transaction(s), I hereby undertake to preserve, for a period of 3 years and produce to the Compliance officer/ SEBI any of the following documents:
- Broker’s contract note.
- Proof of payment to/from brokers.
- Extract of bank passbook/ statement (to be submitted in case of demat transactions).
- Copy of Delivery Instruction Slip (applicable in case of sale transaction).
I agree to hold the above securities for a minimum period of six months. In case there is any urgent need to sell these securities within the said period, I shall approach the Compliance Officer for necessary approval. (Applicable in case of purchase/ subscription).
I declare that the above information is correct and that no provisions of the Company’s Code and/or applicable laws/regulations have been contravened for effecting the above said transactions(s).
Date: Signature:
Name:
Designation:
ANNEXURE4:
FORMAT FORINITIALDISCLOSUREOF SECURITIES
To,
TheComplianceOfficer,
Gayatri Rubbers and Chemicals Limited
I,,inmycapacityasoftheCompanyherebysubmitthe followingdetailsofsecuritiesheldintheCompanyason (dateofbecomingSpecified Person).
I. Details of securities held by me:
| Type of Securities | No. of securities held | Folio No. | Beneficiary A/c ClientID |
II. Details of dependent(s):
Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 1992 and the Company’s Code of Procedures and Conduct for Prevention of Insider Trading, I hereby declare that i have the following dependents:
| Sr. No. | Name of the dependent | Relation with Director/ Officer/ Designated Employee. |
III. Details of securities held by dependent(s):
| Name of Relative | Relationship | Type of securities | No.of Securities held | Folio No. | BeneficiaryA/c ClientID |
Date: Signature: ________
ANNEXURE5
DISCLOSUREOFCHANGEINSHAREHOLDING
To,
TheComplianceOfficer,
Gayatri Rubbers and Chemicals Limited
I, ,inmycapacityasoftheCompanyherebysubmitthe following detailsofchangein holding of securitiesof theCompany:
| Name,PAN&address of shareholder | No.of securities heldbefore the transaction | Receiptof allotment advice/ acquisition of/saleof securities | Natureof transaction&quantity | Trading member through whomthe tradewas executedwith SEBI Registration No.of theTM | Exchange on which the trade was executed | ||
| Purchase | Sale | Others | |||||
Details of changein securitiesheld bydependentfamilymembers:
| Name,PAN &address of shareholder and relationship | No.of securities heldbefore the transaction | Receiptof allotment advice/ acquisition of/saleof securities | Natureof transaction&quantity | Trading member through whomthe tradewas executedwith SEBI Registration No.of theTM | Exchange on which the trade was executed | ||
| Purchase | Sale | Others | |||||
I/ WedeclarethatI/ Wehavecompliedwiththerequirementoftheminimumholdingperiodofsix monthswith respecttothesecuritiespurchased/ sold.
I herebydeclarethattheabove detailsaretrue,correctand completein all respects.Date: Signature: __________