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CODE OF FAIR DISCLOSURE & CONDUCT Transport Corporation of India Limited (Effective from 15th May 2015× I. DEFINITION A. ActmeanstheSecuritiesandExchangeBoardofIndiaAct,1992. B. BoardmeanstheBoardofDirectorsoftheCompany.
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Who needs code of fair disclosure?

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Companies: Companies often require a code of fair disclosure to ensure they are engaging in ethical and transparent practices when it comes to sharing information with their stakeholders and the public.
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Publicly traded companies: Publicly traded companies, in particular, are generally mandated by law to have a code of fair disclosure to regulate their communication and disclosure practices with investors.
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Financial institutions: Financial institutions, including banks and investment firms, often have a code of fair disclosure to ensure they are providing accurate and timely information to their clients and shareholders.
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Regulatory bodies: Regulatory bodies may require companies in certain industries, such as healthcare or finance, to have a code of fair disclosure to ensure compliance with industry-specific regulations.
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Professional organizations: Professional organizations may enforce the use of a code of fair disclosure among their members to maintain professional standards and ethics in their respective fields.
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The code of fair disclosure is a set of guidelines that companies must follow to ensure that all stakeholders have access to the same information at the same time.
Publicly traded companies are typically required to file a code of fair disclosure with the relevant regulatory authorities.
The code of fair disclosure is typically filled out by the compliance department of the company, ensuring that all relevant information is included and updated regularly.
The purpose of the code of fair disclosure is to promote transparency and fairness in the disclosure of information by companies, helping to prevent insider trading and other unethical behaviors.
The code of fair disclosure typically includes information about the company's financial performance, potential risks, and any other material information that may impact the company's stock price.
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