Kusumgar Appoints Ratan Jha & Devanand Mojidra for Materiality Disclosures
Kusumgar Limited has authorized Mr. Ratan Jha (CFO) and Mr. Devanand Mojidra (Company Secretary) to determine materiality of events and make disclosures to stock exchanges as per SEBI regulations. This appointment is effective immediately.
This is a standard regulatory compliance update and does not involve any new business, financial performance, or strategic changes that would significantly impact the company's operations or stock price.
The announcement is a routine corporate compliance update regarding authorized personnel for disclosures and does not contain any significant financial or operational news that would impact the sentiment.
Kusumgar Limited has informed the stock exchanges about the appointment of authorized personnel under Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This policy, approved by the Board of Directors, designates key managerial personnel responsible for determining the materiality of events or information and making necessary disclosures to the stock exchanges.
Mr. Ratan Jha, Chief Financial Officer, is authorized to determine the materiality of events or information and authorize disclosures to the Stock Exchange(s). His contact details are ratan.jha@kusumgar.com and +91 22 6112 5100.
Mr. Devanand Mojidra, Company Secretary & Compliance Officer, is authorized to determine the materiality of events or information, make disclosures to the Stock Exchange(s), coordinate with regulatory authorities, and perform all acts incidental thereto. His contact details are cs@kusumgar.com and +91 22 6112 5100.
The company has requested that these appointments be acknowledged and taken on record.
What to do with a filing like this
Kusumgar Limited filed this with the NSE as a statutory disclosure, categorised under corporate governance report. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Kusumgar Limited. Read the original for the full detail.