Intimation of authorization of KMPs under regulation 30 (5) of SEBI (LODR), Regulations, 2015.
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Astal Laboratories Ltd has informed BSE that its Board of Directors has authorized three Key Managerial Personnel to determine the materiality of events or information and make required disclosures to the stock exchange under Regulation 30 of SEBI Listing Regulations. The three authorized KMPs are Sudheer Kama Kankanala (Whole-time Director), Balayogiswara Rao Peddinti (CFO), and Mahendra Kumar (Company Secretary & Compliance Officer). The disclosure was made on June 1, 2025, in compliance with Regulation 30(5) of SEBI (LODR) Regulations, 2015. This is a routine compliance filing rather than a material business event.
This is a routine regulatory compliance update with no material impact on the business or shareholders. It simply establishes internal authority for future disclosures and is unlikely to affect the stock price.