Announced Fri, 5 Dec · 13:40 IST

Revision in authorities for determining Materiality of Events and its Disclosures under Regulation 30(5) of the SEBI (LODR) Regulation, 2015, as amended from time to time.

Kmp ResignedManagement Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Maximus International has informed the exchange of a revision in the list of Key Managerial Personnel (KMPs) authorised to determine materiality of events and make disclosures to the stock exchange. The revision follows the resignation of Ms. Divya Prajapati as Company Secretary and Compliance Officer, effective from the close of business hours on 8th September 2025. In her place, Ms. Sonali Panchal has been appointed as the new Company Secretary and Compliance Officer with effect from 5th December 2025. The three KMPs now jointly and/or severally authorised for materiality decisions are Mr. Dipak Raval (Managing Director), Mr. Milind Joshi (Chief Financial Officer), and Ms. Sonali Panchal (Company Secretary). The updated contact details have also been uploaded on the company's website.

Likely market impact

This is a routine governance and compliance update. Shareholders should note a change at the Company Secretary level, but the Managing Director and CFO remain unchanged, so continuity in disclosure oversight is maintained. No material impact on business or share price is expected.