Sri Lotus Developers and Realty Limited has informed the Exchange regarding 'Disclosure under Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
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Sri Lotus Developers and Realty Limited has submitted a routine compliance filing to BSE and NSE, naming three Key Managerial Personnel who are authorized to determine whether an event or piece of information is material and needs to be disclosed to the stock exchanges. The authorized officials are Mr. Anand Kamalnayan Pandit (Chairman and Managing Director), Mr. Sanjay Kumar Jain (Chief Executive Officer), and Mr. Rakesh Kailash Gupta (Chief Financial Officer). This is required under SEBI's listing regulations and is a standard governance disclosure. There is no change in business operations, financials, or strategy mentioned in this filing.
This is a routine regulatory compliance filing with no direct impact on the company's operations, financials, or stock price. It simply formalizes who within the company is responsible for assessing and disclosing material events to investors.