Hindcon Chemicals Limited has informed the Exchange for Change in Authorization of Key Managerial Personnel for determining materiality of an event or information and disclosure to Stock Exchange u/r Reg. 30 (5) of the SEBI-LODR.
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Hindcon Chemicals has informed the exchange that its Board has authorized Ms. Ankita Banerjee, Company Secretary & Compliance Officer, as an additional Key Managerial Personnel (KMP) for determining materiality of events/information and making disclosures to the stock exchange under Regulation 30(5) of SEBI-LODR. She joins the existing authorized KMPs — Mr. Sanjay Goenka (Managing Director) and Mr. Kashi Nath Dey (Chief Financial Officer). Any two of the three can jointly determine materiality, and each is authorized severally to make disclosures. No new appointment or resignation has occurred; this is a procedural update to the disclosure authorization framework.
This is a routine governance and compliance update with no material impact on shareholders or the stock price. It simply broadens the pool of authorized personnel for stock exchange disclosures.