MERCURYEVBSEMercury Ev-Tech LtdLowNeutral
Announced Thu, 22 May · 22:34 IST

Announcement under Regulation 30(5) of SEBI(LODR),2015

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mercury Ev-Tech Ltd has updated its list of Key Managerial Personnel (KMPs) authorized to determine which company events are material enough to be disclosed to the stock exchange. The change follows the appointment of Mr. Jayesh Raichandbhai Thakkar as Chairman of the Company at a board meeting held on May 22, 2025. He will serve as Chairman & Managing Director and has been added to the authorized KMP list. The updated list of four authorized KMPs now includes the Chairman & MD, Executive Director (Darshankumar Shah), Company Secretary & Compliance Officer (Mrs. Charmy Milind Joshi), and CFO (Dhruv Deepak Yardi). This is a routine compliance filing required under SEBI's listing regulations after a change in leadership.

Likely market impact

This is a routine administrative update with no direct impact on shareholders or the stock price. It simply formalizes who within the company can declare an event as material for stock exchange disclosure, following the new Chairman's appointment.