Board authorises KMP for determining materiality of disclosures

Aryaman Capital Markets has notified the stock exchange of Key Managerial Personnel (KMP) authorised by the Board to determine whether events or information are material and require disclosure.

Wed 30 Sep 2026

Authorised KMP for Materiality Assessment

Shreyas Shah (Director)

Authorised KMP for Disclosure

Hetni Shah (Company Secretary & Compliance Officer)

Regulatory Framework

SEBI Regulation 30(5)

What this means

Indian listed companies must follow SEBI Regulation 30(5), which requires them to tell the stock exchange about material events and information promptly. But first, the company must decide what counts as 'material' — that is, what could affect an investor's decision to buy, sell or hold the stock.

To do this fairly and consistently, companies must nominate specific senior staff members and give them the authority to make that call. This update is Aryaman Capital Markets telling BSE who those people are.

The authorisations

Shreyas Shah (Director) — authorised to determine whether something is material and must be disclosed.

Hetni Shah (Company Secretary & Compliance Officer) — authorised to actually tell the stock exchange about material information once it has been flagged.

Contact details for both are on file with the exchange, so the exchange knows whom to approach if it needs clarity.

Why this matters to investors

This is not a business update. It is a governance step. The update signals that Aryaman Capital Markets has a process in place to ensure that important news reaches investors through the stock exchange promptly and fairly, rather than being withheld or delayed. It also means the company has clear lines of accountability — if material information is missed or delayed, the exchange and investors know who is responsible.

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