Change in Director / Key Managerial Personnel
- Nature of change: Appointment of Shri Rana Das as President (Materials Management), designated as Senior Management Personnel.
- Name and details: Shri Rana Das (DIN not provided in disclosure).
- Effective date: The appointment is effective from 1 October 2026. The appointment was approved by the Board of Directors via Circular Resolution passed on 1 October 2026.
- Profile and qualifications: Shri Rana Das, aged 55 years, holds an MBA from Xavier Institute of Management, Bhubaneswar (XIMB). He possesses over 30 years of progressive experience, including 25 years at Tata Steel Group in Strategic Procurement and Operations, and 5 years in Steel Plant & Maintenance. His expertise includes end-to-end value chain leadership across large-scale, complex industrial manufacturing environments.
- Eligibility and relationships: The disclosure states "N.A." for relationships between directors, indicating no disclosed relationships with existing directors. The appointment was made based on the recommendation of the Nomination and Remuneration Committee, implying compliance with governance norms.
- Previous KMP: The disclosure does not mention who held the position previously or the nature of their exit.
Key Financial or Operational Approvals
This disclosure does not contain any information regarding financial results, fundraising, acquisitions, capital infusion, business restructuring, or dividend declarations.
Strategic or Business Context
This disclosure does not contain any strategic commentary, business outlook, risk assessments, demand trends, or expansion plans.
Any Other Material Information
- This is a regulatory disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and references SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/l/3762/2026 dated 30 January 2026.
- The company's Corporate Office is located at D-3/, central MIDC Road, Hingna MIDC, Industrial Area, Nagpur-440016 (India). Branch offices are in New Delhi, Mumbai, and Kolkata.
- The letter is signed by Ashish Srivastava, Company Secretary & Compliance Officer (Membership No. A20141).