Authorized persons for determining materiality and making disclosures to the exchange listed
The company has named the officials authorised to decide whether an event or information is 'material' and to make disclosures to the stock exchange.
By ScoutQuest · · 1 min read
The company has shared which of its officials are authorised to decide whether an event or information is 'material' and to make the connected disclosure to the stock exchange.
Who is named
- Vijal Y. Patel, Chairman & Managing Director. Authorised to determine materiality of an event or information and to make disclosure to the stock exchange.
- Chandni Y. Patel, Whole-Time Director & CFO. Authorised to determine materiality of an event or information and to make disclosure to the stock exchange.
- Anjni Y. Patel, Whole-Time Director. Authorised to determine materiality of an event or information and to make disclosure to the stock exchange.
- Ramraghav R. Jha, Company Secretary & Compliance Officer. Authorised to make disclosure to the stock exchange.
What it means
This is an administrative disclosure. It tells the exchange, and through it investors, who the contact points are for the company's disclosure process.
- 'Materiality' here means how the company judges whether a piece of news is important enough to be reported to the exchanges.
- The update names the people who carry that responsibility.
- The same details are also being made available on the company's website, www.bafrl.com.
How to read it
- This is about who handles disclosures, not about an operating or financial development at the company.
- It does not change anything about how the business runs; it identifies the responsible officials.
- The letter is signed by Vijal Yogendra Patel, Chairman & Managing Director.
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