Authorised Persons for Materiality Determination Disclosed
Company has designated three authorised persons to determine if events are material and require disclosure to stock exchanges: Company Secretary, Chief Financial Officer, and Vice Chairperson.
- Authorised Persons Designated
- Company Secretary, Chief Financial Officer, and Vice Chairperson
- Contact Number
- +91-79-23268500/600
- Regulatory Framework
- SEBI Listing Regulations Regulation 30(5)
- Purpose
- Determine if events are material and require disclosure to stock exchanges
What the company did
GSPL Transmission disclosed the names and roles of three authorised persons tasked with determining materiality of events and information for stock exchange disclosure purposes, as required by Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Who decides what gets disclosed
- Company Secretary — designated authority
- Chief Financial Officer — designated authority
- Vice Chairperson — designated authority
All three officers share the same office contact: +91-79-23268500/600.
Why this matters
SEBI requires all listed companies to have a clear policy and designated persons who decide whether significant events (earnings changes, regulatory actions, major contracts, board decisions) must be disclosed to shareholders via stock exchanges. This ensures consistency and prevents selective disclosure. By publicly naming these officials, the company confirms it has a formal process in place and these individuals bear responsibility for the disclosure decision. Investors now know who is accountable if material information is withheld or disclosed late.
The disclosure is routine compliance and does not signal any change in company operations or new events requiring disclosure.
Also from GSPL Transmission
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7 Oct 2026
GSPL Transmission Ltd shareholder buys 5.75% stake, holding rises to 5.75%
5 Oct 2026
Code of Fair Disclosure for Unpublished Price Sensitive Information shared with Exchanges
30 Sep 2026
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