MPManipal Payment and Identity Solutions544916Governance policy update

Board reviews materiality policy, authorises CFO to decide on disclosure of material events

Board of Directors reviewed the Policy on Determination of Materiality of Events or Information.

By ScoutQuest · Tue 3 Nov 2026, 8:19 PM IST · 1 min read

Policy Reviewed

Policy on Determination of Materiality of Events or Information

Authorised Official

Chief Financial Officer Ramanath Pai

Disclosure Framework

SEBI (LODR) Regulations

What the update says

• The Board of Directors of Manipal Payment and Identity Solutions Limited met and reviewed the Policy on Determination of Materiality of Events or Information.
• The Board authorised Ramanath Pai, Chief Financial Officer, to determine the materiality of events or information and to decide the disclosure requirements for such events under the SEBI (LODR) Regulations.
• The letter is signed by Dattatri Manjunatha Hardur, Company Secretary and Compliance Officer.

What a materiality policy is

A listed company receives many developments all the time. A materiality policy sets out how the company decides which of those are important enough to be told to the stock exchanges and the public. This update says the Board reviewed that policy and named the Chief Financial Officer as the Key Managerial Personnel who will make that call and handle the disclosure decision.

How to read this

• This is a governance and housekeeping intimation about who is responsible for a decision, not an announcement of a business event.
• The update does not describe any change in the company's operations, finances, orders or agreements. It records a review of a policy and an authorisation.
• The named official is the point person for deciding whether an event needs to be disclosed.

What it means for a retail investor

It tells you that a specific, named senior official is accountable for deciding what gets disclosed to the exchanges. That is useful context when you read future announcements, but on its own it does not change anything about the company's business.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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