KMP structure changed; list of authorised personnel for materiality disclosures updated

The company has told BSE its KMP structure changed after Mr. Ajay Jain became CFO and Ms. Nikita Singh Rajawat became Company Secretary & Compliance Officer.

Fri 9 Oct 2026

Number of KMPs authorised for materiality disclosures

Four KMPs

CFO

Mr. Ajay Jain

Company Secretary & Compliance Officer

Ms. Nikita Singh Rajawat

What the company has told the exchange

The company has informed BSE that the structure of its Key Managerial Personnel has changed. This follows the appointment of Mr. Ajay Jain as Chief Financial Officer (CFO) and Ms. Nikita Singh Rajawat as Company Secretary and Compliance Officer.

Who decides what gets disclosed

• Every listed company has to keep the exchange informed about which of its officers are authorised to judge whether a piece of news is "material" - that is, important enough to be announced to shareholders - and to make that disclosure to the stock exchange.
• The update names four such officers: Mr. Radheshyam Laxmanrao Mopalwar, Managing Director; Mr. Ajay Jain, Chief Financial Officer; Mr. Akshay Pawan Kumar Jain, Chief Executive Officer; and Ms. Nikita Singh Rajawat, Company Secretary and Compliance Officer.

What this means in simple terms

• Read together, the update is about who inside the company is responsible for deciding what shareholders get told, and for sending that information to the exchange.
• The company has said its KMP structure changed because of the two appointments. The list of authorised persons has been updated to reflect that.

The company adds that the same information is also available on its website.

How to read it

• This is an administrative or compliance-type update about the company's officers and the disclosure process. It does not deal with the company's business, orders, financial performance or share capital.
• For a retail investor, the practical takeaway is that the point of contact and the set of people responsible for market disclosures has been refreshed.

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