
Corporate Governance9 Jun 2026, 02:10 pm
Megastar Foods delegates authority for materiality events
AI Summary
Megastar Foods Ltd has informed the stock exchanges about the delegation of authority to determine the materiality of information or events. This decision aligns with Regulation 30 (5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Key Managerial Personnel authorized include Mr. Vikas Gupta (Whole Time Director), Ms. Manisha Gupta (Chief Financial Officer), and Mr. Harsh Sharma (Company Secretary & Compliance Officer). This move aims to streamline disclosure processes and ensure timely and accurate reporting of significant events.
Key Highlights
- Authority to determine event materiality delegated.
- Key Managerial Personnel are now authorized.
- Compliance with SEBI LODR Regulations 2015.
- Streamlines corporate disclosure processes.
Price Impact
More from MEGASTAR