List of KMP to determine materiality of an event or information and to make disclosures to the stock exchanges
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Awaiting price reaction for this filing.
Bhatia Communications & Retail has informed BSE about an updated list of authorised Key Managerial Personnel, following the resignation of Mr. Kaushik Haribhai Vegad as Company Secretary and Compliance Officer. Under SEBI Listing Regulations, the company has named Mr. Sanjeev Harbanslal Bhatia (Managing Director), Mr. Nikhil Harbanslal Bhatia (Whole-time Director), and Mr. Ravindra Arunrao Sojal (Chief Financial Officer) as the three authorised KMPs who will determine materiality of events and make stock exchange disclosures. No replacement for the Company Secretary has been named in this filing, leaving the role vacant for now. The company is a Surat-based mobile phone retailer with a small-cap listing on BSE.
The Company Secretary seat is currently unfilled, which is a minor governance concern as it may delay compliance and disclosure work, though the MD, Whole-time Director, and CFO remain in place to handle critical disclosures. For retail shareholders, this is largely an administrative update with limited direct impact on stock price or operations.