Corporate Governance28 May 2026, 11:45 pm
Praj Industries Authorizes KMPs for Materiality & Disclosure
AI Summary
Praj Industries Limited's Board of Directors, at their meeting on May 28, 2026, authorized specific Key Managerial Personnel (KMPs) to determine the materiality of events/information and make disclosures to the Stock Exchanges. The authorized KMPs include Dr. Pramod Chaudhari (Founder Chairman & Mentor-Praj Group), Mr. Ashish Gaikwad (Managing Director), Mr. Sachin Raole (Joint Managing Director & CFO), and Mr. Anant Bavare (Company Secretary & Compliance Officer). The company also provided their contact details for regulatory purposes, which are also disclosed on their website.
Key Highlights
- Board authorized KMPs for materiality determination and stock exchange disclosures.
- Four key managerial personnel were designated for these regulatory functions.
- The authorization ensures compliance with SEBI Listing Regulations 30(5).
- Contact details of authorized KMPs were provided for investor and regulatory communication.
- This enhances corporate governance regarding information disclosure.
Price Impact
More from PRAJIND