The company in meeting of board of directors held on 15th May, 2025 has authorised Mr. Adi F. Madan and Mr. Bhavikkumar R. Maisuria to determine the materiality of an event or information ....
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The board of directors of Virat Industries Ltd, at a meeting held on 15th May 2025, authorized two Key Managerial Personnel — Managing Director Shri Adi F. Madan and Chief Financial Officer Shri Bhavik R. Maisuria — to determine the materiality of any event or information and make related disclosures to the stock exchanges. This appointment is made under Regulation 30(5) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The intimation was signed by the Company Secretary, Himanshu Zinzuwadia, and filed with BSE (Scrip Code: 530521). This is a routine governance and compliance action and does not involve any financial figures, transactions, or operational changes.
This is a standard regulatory compliance filing with no direct impact on the company's financials, operations, or shareholder value. It simply puts in place the designated officials who will assess and disclose any future material events to the stock exchange.