Addition to Key Managerial Personnel (KMP) of the Company.
FINCABLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Finolex Cables Ltd has disclosed that Mr. Sachin Naik, recently appointed as Chief Financial Officer (CFO), has been added as a Key Managerial Personnel (KMP) authorized to determine materiality of events for disclosure purposes. He joins existing KMP Mr. Mahesh Viswanathan (CEO) on the authorized list. This filing is pursuant to Regulation 30(5) of SEBI LODR Regulations, 2015, which requires companies to authorize KMPs for determining what events are material and need to be disclosed to stock exchanges. The prior letter (FCL:SEC:SE:26:32) had already announced Mr. Naik's appointment as CFO.
This is a routine regulatory compliance filing confirming the CFO's authorization as a KMP. It does not indicate any change in leadership or governance concerns but simply formalizes Mr. Sachin Naik's role in the company's disclosure framework alongside the CEO.