Park Medi World Limited Authorizes CFO for Regulatory Disclosure Responsibilities
Park Medi World Limited has authorized Chief Financial Officer Rajesh Sharma as Key Managerial Personnel for determining materiality and making regulatory disclosures under SEBI Listing Regulations. The formal designation ensures compliance with Regulation 30(5) requirements and has been communicated to BSE and NSE. This authorization strengthens the company's governance framework and ensures streamlined regulatory compliance processes.
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Park Medi World Limited has announced the formal authorization of its Chief Financial Officer to handle regulatory disclosures and materiality determinations under SEBI regulations. The healthcare company has designated Mr. Rajesh Sharma, CFO, as the Key Managerial Personnel responsible for these critical compliance functions.
Regulatory Compliance Framework
The authorization comes in compliance with Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Under this framework, the Board of Directors has identified and authorized specific personnel to determine the materiality of events or information and make necessary disclosures to stock exchanges.
Key Personnel Authorization Details
The company has provided comprehensive contact information for the authorized personnel to ensure seamless communication with regulatory bodies and stakeholders:
| Parameter: | Details |
|---|---|
| Authorized Personnel: | Mr. Rajesh Sharma |
| Designation: | Chief Financial Officer |
| Contact Number: | +91 124 696 00 00 |
| Email: | director.finance@parkhospital.in |
Communication and Transparency
Park Medi World Limited has formally communicated this authorization to both major stock exchanges where its shares are listed. The company trades on BSE with scrip code 544645 and on NSE under the symbol PARKHOSPS. Additionally, the disclosure has been made available on the company's official website at parkhospital.in, ensuring transparency and easy access for all stakeholders.
Corporate Governance Enhancement
This formal authorization represents a structured approach to corporate governance and regulatory compliance. By designating specific Key Managerial Personnel for materiality determination and disclosure responsibilities, the company ensures streamlined decision-making processes and timely communication of material information to the market. The appointment strengthens the company's compliance framework and demonstrates its commitment to maintaining high standards of corporate governance.
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