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HDFC, Bajaj Auto have framed its insider trading codes

To regulate and report the stock trades by promoters, top executives, their relatives and all connected persons, a host of companies including Bajaj Auto, HDFC Bank, HDFC and Yes Bank have framed their Codes of Conduct.

Further, according to the exchange data, Aurobindo Pharma, Axis Bank, BHEL, Jubilant Life Sciences, Ashok Leyland, Tata Communications, JK Lakshmi Cement and Hindustan Motors have formulated their respective Codes of Conduct.

For the purpose of fair disclosure and to handle the Unpublished Price Sensitive Information these firms have formulated the Code of Conduct and the Code of Fair Disclosure. The companies will also have to publish the codes on their websites.

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