Bata India (NSE:BATAINDIA) submitted an intimation to BSE, NSE, and the Calcutta Stock Exchange on 24 August 2026, disclosing updated contact details for its Key Managerial Personnel authorised to determine materiality of events and make disclosures to stock exchanges under SEBI Regulation 30(5).
Key Highlights
- Bata India filed the update under Regulation 30(5) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, on 24 August 2026.
- Four KMPs are named as jointly or severally authorised for materiality determination: the Managing Director and CEO, a Whole-time Director and CEO, the CFO, and the Company Secretary.
- The updated contact details have also been made available on the company's official website, consistent with SEBI disclosure norms.
- The filing was signed by Nitin Bagaria, AVP (Special Projects) and Company Secretary and Compliance Officer of Bata India.
About the Company
Bata India (NSE:BATAINDIA) is one of India's largest footwear retailers and manufacturers, headquartered at 27B Camac Street, Kolkata, West Bengal. The company operates a nationwide network of retail stores under the Bata brand and manufactures footwear across multiple categories including casual, formal, and sports segments. It is listed on the NSE, BSE, and Calcutta Stock Exchange and falls within the consumer brands and retail sector.
Announcement in Detail
In its filing dated 24 August 2026, Bata India provided the updated contact particulars for four Key Managerial Personnel, each jointly or severally authorised under Regulation 30(5) to determine the materiality of any event or information and to make corresponding disclosures to the stock exchanges. The four designated officers are Mr. Gunjan Shah (Managing Director and CEO), Mr. Sanjay S. Rao (Whole-time Director and CEO), Mr. Amit Aggarwal (Director Finance and CFO), and Mr. Nitin Bagaria (AVP Special Projects, Company Secretary and Compliance Officer).
The filing was addressed simultaneously to the BSE Limited, the National Stock Exchange of India Limited, and the Calcutta Stock Exchange Limited, reflecting the company's multi-exchange listing obligations. Bata India confirmed that the updated details are also published on its official company website, fulfilling the transparency requirement under the applicable SEBI regulation. The disclosure was executed by Nitin Bagaria in his capacity as Company Secretary and Compliance Officer.
Impact on Investors
Investors will note that this filing is a procedural compliance disclosure and does not alter the company's financial position, capital structure, or business operations. The filing shows that Bata India maintains an updated and accessible list of authorised KMPs for event materiality assessment, which is a governance requirement under SEBI's listing framework. Shareholders will observe that the simultaneous submission to three exchanges reflects the company's adherence to multi-exchange disclosure obligations.
The disclosed terms indicate no dilution, no pledge change, and no change in promoter holding arising from this announcement. The filing carries low investment relevance in terms of immediate shareholder impact, though it reinforces the company's ongoing compliance posture with SEBI's Regulation 30 framework.
Sector / Market Context
India's organised footwear retail sector has seen sustained structural growth driven by rising urbanisation and a shift from unbranded to branded products. SEBI's Regulation 30 framework, which governs disclosure of material events by listed companies, has been progressively tightened in recent years to enhance transparency and investor protection across all listed entities, including consumer-facing retail companies such as Bata India.