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Other Textile Products
Corporate Governance5 Aug 2026, 08:30 pm

Pashupati Cotspin Authorizes KMPs for Event Materiality

AI Summary

Pashupati Cotspin Ltd has informed the stock exchanges about the authorization of its Key Managerial Personnel (KMPs) to determine the materiality of events and make necessary disclosures. This decision was made by the Board of Directors during their meeting on August 5, 2026. The authorized KMPs include the Managing Director, Chief Financial Officer, and Company Secretary & Compliance Officer. This move aligns with Regulation 30(5) of the SEBI (LODR) Regulations, 2015, ensuring timely and accurate reporting of significant corporate events.

Key Highlights

  • KMPs authorized to determine event materiality.
  • Authorization follows SEBI (LODR) Regulation 30(5).
  • Board approved authorization on August 5, 2026.
  • Includes MD, CFO, and Company Secretary.
  • Ensures compliance with disclosure norms.