Board authorises MD and CFO to decide materiality of disclosures to stock exchanges

The Board of German Green Steel and Power Ltd has authorised two Key Managerial Personnel — Managing Director Shri Abdulhaq Iraki and Chief Financial Officer Shri Mittal Shah.

Sat 10 Oct 2026

Authorised KMPs

Shri Abdulhaq Iraki, Managing Director and Shri Mittal Shah, Chief Financial Officer

Regulation Cited

Regulation 30(5) of the SEBI Listing Regulations

Signed By

Abira Mansuri, Company Secretary and Compliance Officer

Who decides what news reaches the exchanges

German Green Steel and Power Ltd has written to BSE and NSE to inform them that its Board of Directors has authorised the company's Key Managerial Personnel (KMP) to determine the materiality of an event or information, and to make the necessary disclosures to the stock exchanges under Regulation 30 of the SEBI Listing Regulations, 2015.

The company says this is done under Regulation 30(5) of the Listing Regulations and under its own policy for determining the materiality of information for disclosure to the exchanges.

The two executives named

• Shri Abdulhaq Iraki, Managing Director
• Shri Mittal Shah, Chief Financial Officer

What "materiality" means here

Not every development inside a company is important enough to be announced to the stock exchanges and to the public. Someone within the company has to judge which events cross that line. This update identifies who those people are, and gives them the Board's authority to take that call and to file the disclosure.

The document is signed by Abira Mansuri, Company Secretary and Compliance Officer. A copy is also being made available on the company's website, www.germansteel.in. The company has asked the exchanges to take the same on record.

How to read this

This is a process and governance disclosure. It is about who inside the company is responsible for deciding what counts as material news, and not about a business development, an order, a contract or a financial result. The detail investors can take from it is names and roles: the Managing Director and the Chief Financial Officer are the designated officials for this purpose.

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