Event Details
The Board of Directors of Desh Rakshak Aushdhalaya Limited approved the updated Policy on Determination of Materiality of Events and Information during a board meeting held on Saturday, November 14, 2026. The meeting commenced at 02:00 PM and concluded at 03:15 PM.
Policy Framework
The policy establishes criteria for determining materiality of events/information:
- Materiality shall be determined on a case-by-case basis considering specific facts and circumstances
- Quantitative thresholds include:
- 2% of turnover as per last audited consolidated financial statements
- 2% of net worth as per last audited consolidated financial statements (except when net worth is negative)
- 5% of the average of absolute value of profit or loss after tax as per last three audited consolidated financial statements
- Events/information specified in Para A of Part A of Schedule III of Listing Regulations shall be disclosed without applying materiality guidelines
- Events specified in Para B of Part A of Schedule III shall be disclosed based on application of materiality guidelines
- The Board of Directors may treat an event/information as material even if quantitative criteria are not applicable
Implementation Authority
The Board has authorized a team comprising the Managing Director and Company Secretary to:
- Determine materiality of events/information
- Disclose material events to stock exchanges
Employees are required to report potential material events/information to this team promptly.
Disclosure Requirements
- Material events/information must first be disclosed to stock exchanges
- Disclosures must contain minimum information as specified by SEBI circulars
- All disclosures made to stock exchanges will also be placed on the company website for a minimum period of five years
Policy History
The policy was last reviewed and amended by the Board of Directors at its meeting held on May 29, 2026.