1. Re-appointment of Shri Sanjiv Paul (DIN: 00086974)
Date of Change: 24.07.2026
Designation: Independent Non-Executive Director
Term: Second term of three consecutive years
Effective Period: 26th October 2026 to 25th October 2029
Background: Former Vice President at Tata Steel and Managing Director at Tata Metaliks. Holds a Bachelor's Degree in Science from Regional Institute of Technology, Ranchi University, and has completed the General Management Program at the European Centre for Continuing Education.
Relationships: Not related to any Director of the Company.
2. Re-appointment of Gurvinder Singh Ahuja (DIN: 08132223)
Date of Change: 24.07.2026
Designation: Independent Non-Executive Director
Term: Second term of three consecutive years
Effective Period: 26th October 2026 to 25th October 2029
Background: Chartered accountant previously associated with Tata Motors Limited as Plant Finance Head at Jamshedpur & Pune. Former Chief Financial Officer at TML Drivelines Limited, a Tata Group company.
Relationships: Not related to any Director of the Company.
3. Re-appointment of Ms. Deepa Verma (DIN: 10359047)
Date of Change: 24.07.2026
Designation: Independent Non-Executive Director
Term: Second term of three consecutive years
Effective Period: 26th October 2026 to 25th October 2029
Background: Former Chief Human Resource Business Partner at Tata Steel. Holds a Bachelor's Degree in Commerce from the University of Poona and a Post Graduate in Personnel Management & Industrial Relations from XLRI - Xavier School of Management, Jamshedpur.
Relationships: Not related to any Director of the Company.
4. Appointment of Mr. Sharat Chandra Kumar (DIN: 10223173)
Date of Appointment: 24.07.2026
Designation: Additional Director (Non-Executive Independent Category)
Term: Three consecutive years
Effective Period: 24th July 2026 to 23rd July 2029
Background: Distinguished Electrical Engineer from BIT Mesra with over 35 years of leadership in Tata Steel across maintenance, project execution, design, and strategic sourcing. Has spearheaded major capacity expansion projects including blast furnaces, coke ovens, and environment initiatives.
Relationships: Not related to any Director of the Company.
Regulatory References and Approval Requirements
All appointments and re-appointments are based on the recommendation of the Nomination and Remuneration Committee.
All changes are subject to the approval of shareholders of the Company at the ensuing Annual General Meeting.
Disclosure made pursuant to SEBI Circular No. SEBI/HO/CFD/CFD/CFDPoD-1/CIR/2023/123 dated 13th July, 2023.
