Sadbhav Infrastructure Project Limited has informed the Exchange regarding 'Authorization under Regulation 30 (5) of SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015.'.
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Sadbhav Infrastructure Project Limited has filed an update under SEBI regulations regarding authorized Key Managerial Personnel (KMPs) for determining materiality of events and making disclosures to stock exchanges. The company has appointed Mr. Kaivan Vora as Chief Financial Officer (CFO), which prompted this update. Three KMPs are now authorized: Mr. Shashin V. Patel (Chairman & Whole Time Director) and Mr. Kaivan Vora (CFO) for determining materiality and making disclosures, while Mr. Kedar Pandya (Company Secretary) is authorized specifically for making disclosures to exchanges. This filing supersedes all previous intimations on this matter.
This is a routine compliance filing reflecting the new CFO appointment and updating authorized signatories. It does not directly impact stock valuation but ensures proper corporate governance procedures are maintained for future material event disclosures.