✨ Content:
On May 5, 2025, Alok Industries Limited officially notified the stock exchanges (BSE and NSE) about the designation of specific Key Managerial Personnel (KMP) responsible for determining the materiality of corporate events and disclosures. This announcement, in compliance with Regulation 30(5) of the SEBI (LODR) Regulations, 2015, reinforces the company’s commitment to transparency and effective investor communication.
The three designated KMPs include Shri Harsh Bapna, the CEO, Shri Jinendra Jain, the CFO and newly appointed Chief Investor Relations Officer (CIRO), and Shri Anshul Kumar Jain, Company Secretary and Compliance Officer. Notably, Mr. Jinendra Jain will manage all investor communications involving Unpublished Price Sensitive Information (UPSI), ensuring that all disclosures align with SEBI’s fair disclosure norms.
This move by Alok Industries indicates its strategic focus on improving corporate governance, strengthening investor relations, and maintaining regulatory compliance. Retail traders and institutional investors alike will benefit from streamlined access to timely, reliable corporate disclosures.
📌 Same Content in Points:
🔷 Event Date: May 5, 2025
🔷 Company: Alok Industries Limited
🔷 SEBI Regulation: Regulation 30(5), SEBI LODR 2015
🔷 Purpose: Determination of material events & timely disclosure to stock exchanges
👤 Authorized KMPs:
✔️ Shri Harsh Bapna – CEO
✔️ Shri Jinendra Jain – CFO & Chief Investor Relations Officer (CIRO)
✔️ Shri Anshul Kumar Jain – Company Secretary & Compliance Officer
📧 Contact Emails:
📨 harsh.bapna@alokind.com
📨 jinendra.jain@alokind.com
📨 anshul.jain@alokind.com
📍 Key Role of CIRO:
🔑 Handles UPSI (Unpublished Price Sensitive Information)
🔑 Ensures SEBI-compliant disclosures
🔑 Strengthens investor confidence
🌐 Info available on: www.alokind.com
📊 Effect on the Share Market
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📈 Positive Signal for Investors: Improved transparency attracts institutional and retail investors.
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✅ Enhanced Compliance: Boosts investor confidence in governance.
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📉 Reduces Rumors: Helps mitigate speculation from unofficial sources.
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🔍 More Clarity: Retail investors get structured and timely information, leading to informed decisions.
🏢 About Alok Industries Limited
Alok Industries is a diversified textile manufacturing company under the Reliance Group, engaged in cotton and polyester products, catering to domestic and global markets. The company has a strong presence in spinning, weaving, knitting, processing, and garments.
📌 Key Market Data (as of May 2025)
(Approximate / Typical figures based on general market data)
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Stock Symbol: ALOKINDS (NSE) | 521070 (BSE)
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Market Cap: ₹5,000+ Cr (Approx.)
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Industry: Textiles – Composite
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Promoters: Reliance Industries Limited
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Shareholding: Public, Institutional & Promoter holding mix
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Listing: NSE & BSE
🧾 How This Helps Retail Traders
✅ Transparency: Clear information on events reduces reliance on rumors
✅ Access to KMPs: Direct email access ensures accountability
✅ Fair Disclosure: Retail traders stay on par with institutions
✅ Market Trust: Builds confidence to invest in the stock
📣 Phrase:
“Get Ahead of the Market – Know the Decision-Makers Behind Every Corporate Move!”
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
