Corporate Governance25 Aug 2026, 03:40 pm
Ardee Industries Authorizes KMPs for Materiality Disclosures
AI Summary
Ardee Industries Ltd has announced the authorization of four Key Managerial Personnels (KMPs) under Regulation 30(5) of SEBI LODR, 2015. These individuals are empowered to severally determine the materiality of events or information and make necessary disclosures to the stock exchanges. The authorized KMPs include Mr. Sandeep Aggarwal (Managing Director), Mr. Nikunj Aggarwal (Whole Time Director), Mr. Arun Kumar Mallik (Chief Financial Officer), and Mr. Manish Kumar Rai (Company Secretary). This move ensures compliance with SEBI regulations regarding timely and accurate information dissemination to stakeholders.
Key Highlights
- Four Key Managerial Personnels authorized for disclosures.
- Authorization under SEBI LODR Regulation 30(5).
- KMPs to determine materiality of events and information.
- Ensures compliance with stock exchange disclosure norms.
Price Impact
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