
Hikal Ltd Authorizes KMP for Materiality Disclosures
Hikal Ltd has announced the authorization of its Key Managerial Personnel (KMP) to determine the materiality of events or information and make necessary disclosures to the stock exchanges. This action is in compliance with Regulation 30(5) of the SEBI LODR Regulations, 2015, and the company's internal policy on materiality. The authorized KMPs include Mr. Sameer Hiremath (Chairman and Managing Director) for determining materiality and making disclosures, Mr. Rajasekhar Reddy (Company Secretary & Compliance Officer) for disclosing material events, and Mr. Kuldeep Jain (Chief Financial Officer). This move streamlines the disclosure process and ensures timely communication with regulatory bodies and investors.
Key Highlights
- KMPs authorized to determine materiality of events.
- Disclosures to stock exchanges streamlined.
- Compliance with SEBI LODR Regulations ensured.
- Chairman, CS, and CFO empowered for disclosures.
Price Impact
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