StockWatch
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IT Enabled Services
Corporate Governance21 Jul 2026, 01:13 pm

Zaggle Prepaid Authorizes KMP for Materiality Disclosures

AI Summary

Zaggle Prepaid Ocean Services Limited announced that its Board of Directors, in a meeting held on July 21, 2026, has authorized its Key Managerial Personnel (KMP) to severally determine the materiality of events and make necessary disclosures to stock exchanges. This move aligns with Regulation 30(5) of SEBI(LODR) Regulations, 2015, empowering specific individuals to ensure timely and accurate reporting of significant information. The authorized personnel include the Executive Chairman, Managing Director & CEO, Group CFO, and Company Secretary & Compliance Officer, each equipped to handle disclosure responsibilities.

Key Highlights

  • KMP authorized to determine materiality of events.
  • Ensures timely disclosures to stock exchanges.
  • Compliance with SEBI LODR Regulations 30(5) strengthened.
  • Board meeting held on July 21, 2026.