Board authorises KMPs to decide materiality of events and make disclosures to stock exchanges

The Board has authorised the company's KMPs to decide which events or information are material and to make the needed disclosures to the stock exchanges.

Mon 5 Oct 2026

Authorised Officials

Joint Managing Directors, CFO and Company Secretary

Purpose

determine the materiality of an event or information and to make the necessary disclosures to the stock exchanges

Regulation

Regulation 30 of the SEBI Listing Regulations

Board Authorisation

The Board of Directors has authorised the company's Key Managerial Personnel (KMPs)

Website

https://www.acevector.com/investors

What the update says

• The Board of Directors has authorised the company's Key Managerial Personnel to determine the materiality of an event or information.
• The same officials are authorised to make the necessary disclosures to the stock exchanges under Regulation 30 of the SEBI Listing Regulations.
• This is done under Regulation 30(5) and the company's own policy for determining materiality of information.

Who has been authorised

• The Joint Managing Directors
• The Chief Financial Officer (CFO)
• The Company Secretary

What "materiality" means here

In simple terms, listed companies must tell the stock exchanges about events that a reasonable investor would consider important for their investment decisions. Before anything is disclosed, someone within the company has to decide whether a particular event or piece of information crosses that threshold. The Board has now named the officials who will take that call.

What this means for a retail investor

• This is a housekeeping and governance disclosure. It tells the market who is responsible for the disclosure process.
• It does not announce any new business event, order, fund raise or financial result by itself.
• The practical effect is that the disclosure process has a clearly identified set of authorised signatories, so information is routed through named officials.

The update also states that the details are being made available on the company's website at https://www.acevector.com/investors.

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