CFO and Company Secretary named as authorised KMPs to decide materiality of disclosures
The company has told the exchanges who decides what counts as "material" news.
- Update Reference
- Regulation 30(5) of the SEBI LODR Regulations
- Authorised KMP - Chief Financial Officer
- Sagar Sukumar Patil
- Authorised KMP - Company Secretary & Compliance Officer
- Kishor Babaso Hupare
Who decides what is material
The company has informed the National Stock Exchange of India Limited and BSE Limited about the Key Managerial Personnel who are authorised to determine the materiality of an event or information, and to make disclosures to the exchanges under Regulation 30 of the SEBI LODR Regulations.
The named persons
- Sagar Sukumar Patil, Chief Financial Officer
- Kishor Babaso Hupare, Company Secretary and Compliance Officer
Contact details shared for these two persons are Sagar.patil@ssmobile.com and Compliance@ssmobile.com respectively.
What this means for an investor
- This intimation is about who is responsible for deciding and reporting material events to the exchanges.
- It does not announce any business development, order, financial result or corporate action.
- It serves as a record of the designated points of contact for disclosure purposes.
The update states that the information is intimated under Regulation 30(5) of the SEBI LODR Regulations and requests the exchanges to take it on record. It is signed by Kishor Hupare as Company Secretary and Compliance Officer.
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