Board authorises three key managerial personnel to determine materiality of disclosures

Runwal Enterprises has told NSE and BSE that its Board has authorised three Key Managerial Personnel — the Chairman and Managing Director, the Chief Financial Officer, and the Company Secretary and Compliance Officer.

Mon 5 Oct 2026

Authorised KMP

Mr. Subodh Subhash Runwal, Chairman and Managing Director

Authorised KMP

Mr. Shashi Bhushan, Chief Financial Officer

Authorised KMP

Mr. Abhishek Kumar Jain, Company Secretary and Compliance Officer

Disclosures Made To

NSE and BSE

What the company informed the exchanges

Runwal Enterprises has written to the National Stock Exchange of India and to BSE stating that its Board of Directors has authorised three Key Managerial Personnel to determine the materiality of events or information, and for the purpose of making disclosure to the stock exchanges.

The three officials named are

• Mr. Subodh Subhash Runwal, Chairman and Managing Director
• Mr. Shashi Bhushan, Chief Financial Officer
• Mr. Abhishek Kumar Jain, Company Secretary and Compliance Officer

Why this kind of intimation is made

Listed companies must keep the exchanges informed about events and information that could matter to investors. Regulation 30(5) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 is the provision under which a board names the officials who will judge whether a given event or piece of information is material, and who will then make the disclosure to the exchanges.

In simple terms: instead of the whole board deciding each time, a small set of named officials is given that responsibility. The update has been made pursuant to this regulation and the company's own policy for determining materiality.

What this means for a retail investor

• It identifies the specific people responsible for deciding what the company discloses to the exchanges.
• It covers three roles that sit close to operations and finances: the top executive, the finance head and the compliance officer.
• The company has said the same disclosure will also be hosted on its website.

How to read it

This is an intimation about who has been authorised to take disclosure decisions. It is a governance and process update rather than a statement about business performance, orders, fund-raising or any financial figure. Nothing here changes the company's share capital, earnings or operations by itself.

Investors looking for operational or financial developments would typically watch the company's other updates for those details.

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.