Artemis Medicare Services Ltd Updates Disclosure Rules

New Policy for Sensitive Information

Artemis Medicare Services Ltd has updated its policy for the fair disclosure of unpublished price-sensitive information (UPSI). The company's Board of Directors approved the revised code on May 8, 2026.

The updated policy ensures critical information that can affect stock prices is shared promptly and equally with all market participants. Disclosures will be made through stock exchanges and the company's official website to maintain transparency.

Why This Matters

This policy update reinforces Artemis Medicare's commitment to strong corporate governance and compliance with regulations. It aims to prevent selective disclosure and ensure that all investors receive information at the same time, creating a more level playing field. This is important for maintaining investor trust and following SEBI guidelines.

Background on Disclosure Rules

SEBI requires listed companies to have codes for disclosing UPSI to prevent insider trading and market manipulation. Artemis Medicare Services Ltd periodically reviews and updates these policies to keep pace with changing regulations and industry best practices. This revision shows a commitment to transparent operations in the Indian healthcare sector.

Key Changes in the Policy

• The company will now ensure prompt public disclosure of UPSI as soon as credible information is available.
• Disclosures will be made uniformly via stock exchanges and the company's website.
• Selective disclosure will be strictly avoided.
• Information shared with analysts will be made public or disclosed simultaneously.
• This reinforces adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations.

Potential Risks

The filing did not highlight specific risks associated with this policy update. Companies are generally expected to maintain these standards rigorously.

How Peers Handle Disclosures

Major healthcare providers like Apollo Hospitals Enterprise Ltd and Fortis Healthcare Ltd also follow strict disclosure norms set by SEBI, regularly updating their policies to align with regulatory requirements. This industry trend emphasizes transparency across major hospital chains.

Policy Timeline

The initial Code of Practices and Procedures for Fair Disclosure of UPSI was effective from February 4, 2019.
The revised code was approved by the Board on May 8, 2026.

What to Monitor Next

• The effective implementation of the revised disclosure procedures.
• Any future updates or clarifications from SEBI regarding disclosure norms.
• The company's practical adherence to the stated principles.
• Investor questions or feedback on disclosure practices.