Announced Wed, 14 May · 10:20 IST

Intimation of Authorised Personnel for Determinig Materiality of Events or Information under Regulation 30 of SEBI (LODR) Regulations, 2015

SWANDEF · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Swan Defence and Heavy Industries Ltd has filed a routine compliance update with the stock exchanges on May 13, 2025. The company has informed BSE and NSE about the Key Managerial Personnel authorised to decide whether an event or piece of information is 'material' enough to be disclosed to the exchanges. CEO Mr. Vipin Kumar Saxena and CFO Mr. Rajesh Bhardwaj have been authorised to determine materiality of events, while Company Secretary Mr. Vishant Shetty has been authorised to actually make such disclosures to the exchanges. This filing is made under Regulation 30(5) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. No business event, financial result, or price-sensitive information is involved — it is purely an administrative governance intimation.

Likely market impact

This is a standard governance/compliance filing with no direct impact on the company's financials, operations, or stock price. Shareholders should note that the company has formally designated its top executives and compliance officer to handle future material disclosures, which supports timely reporting going forward.