Corporate Governance8 Sept 2026, 12:23 pm
Lumino Industries Authorizes KMPs for Materiality Disclosures
AI Summary
Lumino Industries Ltd has informed the stock exchanges about the authorization of its Key Managerial Personnel (KMPs) under Regulation 30(5) of SEBI LODR Regulations, 2015. This regulation empowers designated KMPs to jointly or severally determine the materiality of events or information and make necessary disclosures. The authorized personnel include the Managing Director, Whole-time Director, CFO, Joint CFO, and Company Secretary & Compliance Officer. This move streamlines the disclosure process and ensures timely communication with regulatory bodies and stakeholders.
Key Highlights
- KMPs authorized to determine event materiality.
- Disclosure process streamlined under SEBI LODR.
- Key personnel include MD, CFO, and Company Secretary.
- Ensures timely regulatory compliance and transparency.
Price Impact
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