Intimation of Authorised Personnel for determining materiality of events or information under Regulation 30 of SEBI (LODR) Regulations, 2015.
SWANDEF · price
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Swan Defence and Heavy Industries Limited (formerly Reliance Naval and Engineering Limited) has informed the stock exchanges about the Key Managerial Personnel authorised to decide whether an event or piece of information is material enough to be disclosed. The CEO, Mr. Vipin Kumar Saxena, and the CFO, Mr. Rajesh Bhardwaj, have been jointly and severally authorised to make this materiality determination. Mr. Vishant Shetty, the Company Secretary and Compliance Officer, has been authorised to actually file these disclosures with BSE and NSE. This is a procedural update filed under SEBI's Listing Regulations to identify who at the company is responsible for such compliance matters.
This is a routine compliance filing with no material effect on the company's operations, financials, or stock price. It simply names the internal officials responsible for deciding what company news must be shared with the exchanges going forward.