BOROSIL RENEWABLES LIMITED has informed the Exchange regarding 'Updated list of Key Managerial Personnel (KMP) authorized to determine and disclose material events or information to Stock Exchanges'.
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Borosil Renewables has updated the list of Key Managerial Personnel (KMPs) who are authorized to determine and disclose material events to the stock exchanges, in line with SEBI Listing Regulation 30(5). The update follows the re-designation of Mr. Ashok Jain from Whole-time Director to Non-Executive Non-Independent Director, effective August 1, 2025, after completion of his tenure. The revised authorized KMPs are Mr. P.K. Kheruka and Mr. Sunil Roongta (both authorized to determine and disclose), along with Mr. Ravi Vaishnav, who is authorized only to disclose material events. This is a routine compliance filing triggered by a change in board composition.
This is an administrative/regulatory update with no direct impact on the company's financials or operations. Shareholders should note that Mr. Ashok Jain has moved to a non-executive role, meaning he no longer participates in day-to-day management decisions.