UNIVCABLESNSEUniversal Cables Limited· Cables - PowerMinimalNeutral
Announced Sun, 24 May · 24:22 IST

Universal Cables Limited has informed the Exchange about Authorisation of Key Managerial Personnel to determine materiality of an event or information and its disclosure.

UNIVCABLES · price

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Price reaction · full curve 14 horizons · vs prior close
+16.6%1-day move
₹1005.50
prior close
₹1100.00
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Universal Cables Limited has disclosed that its Board of Directors, in a meeting held on 23rd May 2026, has authorized three Key Managerial Personnel (KMPs) to determine the materiality of events or information and to make related disclosures to the stock exchanges under SEBI Listing Regulations. The authorized persons are: Y.S. Lodha (Managing Director & CEO), Gopal Agarwal (Chief Financial Officer), and Ajay Kumar Sharma (Company Secretary & Chief Compliance Officer). Contact details and addresses for all three have been provided in the filing. This is a compliance disclosure under Regulation 30(5) of the SEBI (LODR) Regulations, 2015, which mandates that listed companies designate individuals responsible for determining and disclosing material events.

Likely market impact

This is a routine regulatory compliance filing and does not signal any immediate financial impact or change in the company's operations. It simply formalizes the chain of authority for material disclosure decisions, which may be relevant to investors tracking corporate governance and disclosure practices.