Lakhotia Polyesters (India) Limited has designated three Key Managerial Personnel (KMP) as authorized signatories for determining the materiality of events and making disclosures to the stock exchange. This action is in compliance with SEBI regulations. The authorized individuals include the Managing Director, Mr. Madhusudan Shamsundar Lakhotiya; Chief Financial Officer, Mr. Vivek Vijay Rathi; and Company Secretary & Compliance Officer, Mrs. Shannu Chaturvedi. These appointments ensure timely and accurate communication with investors and regulatory bodies.
Key Managerial Personnel Designated for Disclosures
Lakhotia Polyesters (India) Limited has formally authorized specific Key Managerial Personnel (KMP) to handle material event disclosures. This directive is in line with the company’s commitment to transparency and adherence to regulatory requirements mandated by the Securities and Exchange Board of India (SEBI). The designated individuals are empowered to assess the materiality of information and communicate it effectively to the stock exchange.
Authorized Signatories for Investor Communication
The following Key Managerial Personnel have been authorized:
- Mr. Madhusudan Shamsundar Lakhotiya, Managing Director
- Mr. Vivek Vijay Rathi, Chief Financial Officer
- Mrs. Shannu Chaturvedi, Company Secretary & Compliance Officer
These individuals will jointly and severally act to ensure that all material information is promptly and accurately disclosed, maintaining the trust and confidence of investors and stakeholders in Lakhotia Polyesters (India) Limited. The company has informed the stock exchange of these arrangements.
Source: BSE
