Pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we request you to note that the Board of Directors have authorized Chief Financial Officer and Company Secretary & Compliance Officer to determine the materiality of an event or information.
FRACTAL · price
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Fractal Analytics has informed the stock exchanges that its Board of Directors has authorized the Chief Financial Officer and the Company Secretary & Compliance Officer to determine whether an event or piece of information is material enough to be disclosed to the stock exchanges. This is done in line with SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, which require listed companies to put in place a framework for assessing materiality. The filing is procedural in nature and does not involve any business, financial, or strategic update.
No direct impact on shareholders or stock price. This is a routine compliance disclosure related to corporate governance and disclosure processes.