Authorised persons for disclosing material events notified

Varmora Granito has notified the stock exchanges of three Key Managerial Personnel authorised to determine materiality of events and make disclosures to NSE and BSE.

Tue 29 Sep 2026

Authorized Persons Designated

Managing Director Bhavesh Vallabhdas Varmora, Chief Financial Officer Bhaveshkumar H Koshti, and Company Secretary Nilesh Sharma

Regulatory Framework

SEBI Regulation 30(5) - Listing Obligations and Disclosure Requirements

What this means

Varmora Granito has formally designated three senior executives as authorised persons to make material event disclosures to the stock exchanges. This is a mandatory governance requirement under SEBI's Listing Obligations and Disclosure Requirements Regulations.

Who they are

• Bhavesh Vallabhdas Varmora, Managing Director
• Bhaveshkumar H Koshti, Chief Financial Officer
• Nilesh Sharma, Company Secretary and Compliance Officer

Why it matters

When something significant happens at the company—financial results, contracts, board decisions, regulatory actions, or other material events—these three individuals have the authority to assess whether it must be disclosed to investors. This centralizes decision-making and ensures consistency. The company has also adopted a Policy on Determination of Materiality of Events/Informations to guide their judgments.

This is standard practice for listed companies and ensures that investors get timely, consistent information through official channels.

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