Titagarh Rail Authorises KMPs for SEBI Disclosures — Who Decides What Now?
🟢 At a Glance: Titagarh Rail Systems Ltd has formally designated three key executives — Vice Chairman Umesh Chowdhary, Deputy MD Anil Agarwal, and Company Secretary Aditya Purohit — to handle SEBI disclosures under Regulation 30. This isn’t just bureaucracy. It defines who can speak for the company when sh*t hits the regulatory fan.
🛤️ What Just Happened?
Under Regulation 30(5) of SEBI LODR 2015, listed companies must officially assign responsibility for:
Determining whether an event is “material” (read: price-sensitive)
Disclosing it to the stock exchanges (so SEBI doesn’t breathe down their neck)
On June 2, 2025, Titagarh Rail did just that. They sent BSE and NSE a letter naming the following officials:
