Details of KMP for Determining Materiality of Events under Reg. 30 of SEBI (LODR) Regulations, 2015
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Walchand PeopleFirst Ltd has informed BSE that its Board of Directors, at a meeting held on 16th January 2026, approved an amendment to its Policy for Determination of Materiality for Disclosures under SEBI's Insider Trading and LODR Regulations. The amendment identifies the Key Managerial Personnel (KMPs) authorized to determine the materiality of events or information for stock exchange disclosures. The authorized KMPs are Ms. Pallavi Jha (Chairperson and Managing Director), Mr. Sanjay Jha (Whole Time Director), and Ms. Shruthi Patni (Chief Financial Officer). The amended policy has been attached and uploaded to the company's website. The policy also lays out quantitative materiality thresholds of 2% of turnover, 2% of net worth, or 5% of average profit/loss after tax based on the last audited consolidated financial statements.
This is a routine corporate governance and regulatory compliance update with no direct impact on the company's financials, operations, or stock price. It merely formalizes which executives are responsible for assessing and disclosing material events to the stock exchanges.