Yaashvi Jewellers authorizes KMPs to determine event materiality
Yaashvi Jewellers Ltd authorized its Key Managerial Personnel to determine event materiality under SEBI Regulation 30. The Board approved the roles for the Managing Director, Whole Time Director, Company Secretary, and CFO. Details are available on the company website.
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Yaashvi Jewellers Limited has authorized its Key Managerial Personnel (KMP) to determine the materiality of events or information required for disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The Board of Directors approved this authorization to facilitate timely and necessary disclosures to the stock exchanges.
The designated personnel responsible for assessing materiality include the Managing Director, Whole Time Director, Company Secretary & Compliance Officer, and Chief Financial Officer. This structure ensures that critical information is evaluated and disclosed promptly to maintain compliance with regulatory standards.
The following table details the authorized personnel and their designations:
| Name | Designation | Contact Details |
|---|---|---|
| Mrs. Ankita Agarwal | Managing Director | Address: Plot No. 486 Nemi Sagar Colony, Vaishali Nagar, Jaipur, Rajasthan, India, 302021 |
| Mr. Ankit Aggarwal | Whole Time Director | |
| Mr. Kalu Ram Kumawat | Company Secretary & Compliance Officer | |
| Mr. Dinesh Kumar Verma | Chief Financial Officer | Contact No.: +91 9529833397 Email Id: investor@yaashvijewellers.com |
The company has confirmed that the details of these authorized personnel are available on its official website, www.yaashvijewellers.com , in compliance with the aforesaid regulation. This move aligns with the company's commitment to transparency and adherence to SEBI guidelines.
Historical Stock Returns for Yaashvi Jewellers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.42% | -19.32% | -10.40% | -10.18% | -10.18% | -10.18% |
How will the delegation of materiality assessment to KMPs impact the speed and frequency of Yaashvi Jewellers' future disclosures?
What criteria will the designated personnel use to standardize the determination of materiality across different types of events?
Could this authorization lead to a change in the volatility of Yaashvi Jewellers' stock due to potentially more frequent or varied disclosures?
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