Skyways Air Services Authorizes KMPs for Materiality Disclosures
Skyways Air Services Limited's Board has authorized Key Managerial Personnel (KMPs) including Yashpal Sharma, Tarun Sharma, and Himanshu Chhabra to determine materiality of events and make disclosures to stock exchanges as per SEBI regulations.
This is a procedural update related to corporate governance and disclosure mechanisms. It does not directly impact the company's financial performance, operations, or strategic direction.
The announcement is a routine corporate governance update regarding the authorization of personnel for making disclosures, and does not contain any material financial or operational information that would impact the sentiment.
Skyways Air Services Limited (formerly Skyways Air Services Private Limited) has announced an update regarding its disclosure policy under Regulation 30(5) of the SEBI Listing Regulations. The Board of Directors has authorized Key Managerial Personnel (KMPs) to determine the materiality of events or information and make timely disclosures to the stock exchanges.
Those authorized to determine materiality include Mr. Yashpal Sharma (Chairman and Managing Director), Mr. Tarun Sharma (Whole Time Director), and Mr. Himanshu Chhabra (Whole Time Director and Chief Financial Officer). The same individuals, along with Mr. Hitesh Kumar (Company Secretary & Compliance Officer), are authorized to make the actual disclosures to the stock exchanges. This intimation is also available on the company's website.
A plain-language summary of a public exchange filing by Skyways Air Services Limited. Read the original for the full detail.