Corporate Governance12 Aug 2026, 12:33 pm
Vidya Wires Ltd Updates Key Managerial Personnel for Materiality Decisions
AI Summary
Vidya Wires Ltd has updated its list of Key Managerial Personnel (KMP) authorized to determine the materiality of events or information and make disclosures to stock exchanges. This update was approved by the Board of Directors at a meeting held on August 11, 2026. The updated list includes Mr. Shyamsundar Rathi (Chairman & Whole Time Director), Mr. Shailesh Rathi (Managing Director), Mr. Naveen Pachisia (Chief Financial Officer), and Ms. Jaya Ashok Bhardwaj (Company Secretary and Compliance Officer). This action ensures compliance with SEBI Listing Regulations and clarifies internal authority for crucial disclosures.
Key Highlights
- Board approved updated list of authorized KMPs for materiality decisions.
- List includes Chairman, MD, CFO, and Company Secretary.
- Action aligns with SEBI Listing Obligations and Disclosure Requirements.
- Ensures timely and accurate disclosure of material events.
Price Impact
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