The listed entity shall frame Policy for determination of materiality and Criteria for determination of materiality of events/information. Enumerate in brief with reference to SEBI Regulations, 2015.

The listed entity shall frame policy for determination of materiality and criteria for determination of materiality of events/ information. Policy for determination of materiality is based on criteria specified under Regulation (4) (i) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is duly approved by its Board of Directors; shall be disclosed on its website. Criteria for determination of materiality of events/ information the omission of an event or information, which is likely to result in discontinuity or alteration of event or information already available publicly; or the omission of an event or information is likely to result in significant market reaction if the said omission came to light at a later date; an event/information may be treated as being material if in the opinion of the Board of Directors of listed entity, the event/information is considered material.