JSW Energy Limited has informed the Exchange regarding 'In terms of Regulation 30 (5) of the SEBI Listing Regulations, 2015, Mr. Chandrasekaran Prabhakaran, in addition to the Joint Managing Director & Chief Executive Officer and the Company Secretary, would be the Key Managerial Personnel authorized to determine the materiality of an event or information and for making disclosures to the Stock Exchanges as per the Company s Policy on Criteria for Determining Materiality for Disclosure of Events and Information.'.
JSWENERGY · price
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JSW Energy has informed the stock exchange that Mr. Chandrasekaran Prabhakaran will serve as an additional Key Managerial Personnel (KMP) authorized to assess the materiality of corporate events and make timely disclosures to the exchanges. This is in line with Regulation 30(5) of SEBI's Listing Regulations, 2015, and the company's internal policy on materiality criteria. He joins the Joint Managing Director & CEO and the Company Secretary in this compliance role. The appointment expands the team responsible for regulatory disclosures rather than changing any operational leadership.
This is a routine governance and compliance update with no impact on the company's financials, operations, or shareholder value. Investors should not expect any material effect on the stock price from this announcement.