Hindcon Chemicals Limited has informed the Exchange change change in authorisation under Reg 30(5), of SEBI LODR Regulations, 2015.
HINDCON · price
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Hindcon Chemicals Limited has informed the stock exchange about a change in the Key Managerial Personnel (KMP) authorized to determine materiality of events for stock exchange disclosures under SEBI LODR Regulation 30(5). This change follows the resignation of Mrs. Swati Agarwal, the Company Secretary & Compliance Officer, effective 2nd May 2025. Following her exit, the responsibility for materiality determination has been assigned to Mr. Sanjay Goenka (Chairman & Managing Director) and Mr. Kashi Nath Dey (Chief Financial Officer). The letter is signed by Sanjay Goenka, CMD, on 3rd May 2025.
The departure of the Company Secretary & Compliance Officer is a governance event, as this role is critical for regulatory compliance and timely disclosures. The company has quickly redistributed the materiality determination duties to the CMD and CFO, ensuring continuity in compliance. Shareholders should watch for further updates on whether a permanent replacement for the Company Secretary is appointed soon.