Change in Director / Key Managerial Personnel
Nature of change: Reappointment of Independent Director
Name and DIN: Ms. Vanitha Rangaiah (DIN: 09211334)
Effective date and tenure: Reappointment approved on 25th September 2026 for a second term of 5 years, from 28th June 2026 to 27th June 2031. Not liable to retire by rotation.
Brief profile and qualifications: She has over 20 years of experience in Accounts and Finance. Meets criteria of independence under Section 149(6) and Regulation 16(1)(b) of SEBI LODR.
Confirmation of eligibility: She is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.
Relationship with other directors: Not related to any Director, KMP or Promoter of the Company.
Key Financial or Operational Approvals
Appointment of Statutory Auditors: Members at the 38th AGM approved the appointment of M/s. Chopra A J & Associates, Chartered Accountants (Firm Registration No. 021905C) as Statutory Auditors.
Term of appointment: 5 years from conclusion of 38th AGM (25th September 2026) till conclusion of 43rd AGM.
Auditor profile: CA firm based at Raipur, established in 2016. Peer reviewed firm with 9 years of experience in Statutory Audit, Tax Audit, GST Audit, and Bank Audits.
Any Other Material Information
Approval mechanism: Both appointments were approved by shareholders at the 38th Annual General Meeting held on Friday, 25th September 2026 through VC/OA VM.
Regulatory compliance: Disclosure made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Company details: Mahamaya Steel Industries Limited (CIN: L27107CT1988PLC004607), BSE Scrip Code: 513554, NSE Symbol: MAHASTEEL.