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Other Textile Products
Corporate Governance20 Aug 2026, 05:20 pm

Lakhotia Polyesters Authorizes KMPs for Materiality Disclosures

AI Summary

Lakhotia Polyesters (India) Ltd has informed the stock exchange that pursuant to Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, key managerial personnel have been authorized to determine the materiality of events or information and make necessary disclosures. The authorized personnel include Mr. Madhusudan Shamsundar Lakhotiya (Managing Director), Mr. Vivek Vijay Rathi (Chief Financial Officer), and Mrs. Shannu Chaturvedi (Company Secretary & Compliance Officer). This move streamlines the disclosure process and ensures compliance with regulatory requirements.

Key Highlights

  • KMPs authorized to determine materiality of information.
  • Disclosures to stock exchanges will be handled by authorized KMPs.
  • Ensures compliance with SEBI LODR Regulations.
  • Streamlines corporate disclosure process.