Siddhika Coatings Limited Confirms Compliance with Structured Digital Database (SDD) for Financial Year 2026
Siddhika Coatings Limited has confirmed its adherence to compliance requirements related to insider trading and information management, following an audit covering the financial year ended March 31, 2026. The certification verifies that the company maintains a robust Structured Digital Database (SDD) system to manage Unpublished Price Sensitive Information (UPSI).The certificate confirms that Siddhika Coatings Limited has implemented a Structured Digital Database and ensures strict control over who accesses this information. All UPSI disseminated during the financial year, spanning from April 1, 2025, to March 31, 2026, was accurately captured within the database.
Key operational aspects of the database include:
- The system captures the nature of all UPSI alongside the precise date and time of dissemination.
- The company's internal maintenance ensures that an audit trail is continuously recorded for all database activities.
- The database is designed to be non-tamperable and possesses the capability to maintain records for eight years.
In terms of reporting requirements, the company was required to capture six specific events during the financial year under this compliance mandate, and a total of six such events were successfully recorded in the database.
SIDDHIKA Stock Price Movement
On Thursday, Siddhika Coatings Limited shares slipped by 4.79% to settle at ₹203.1, following a decline of ₹10.20 from previous closing prices. The equity traded with a volume of 15,500 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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