Nova Iron and Steel Limited submitted a regulatory disclosure to the Bombay Stock Exchange pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, regarding decisions made at its Annual General Meeting held on Friday, 30th October 2026.

The Members of the Company approved three key resolutions:

1. Re-appointment of Mr. Hardev Chand Verma (DIN: 00007681) as Director, liable to retire by rotation.

2. Appointment of Mrs. Palak Jindal (DIN: 10264720) as a Director (Independent Woman Director) of the Company with effect from 08th August 2026. The term of her appointment as Independent Director is for a period of five (5) years.

3. Approval for continuation of directorship of Mr. Hardev Chand Verma (DIN: 00007681) as Non-Executive, Non-Independent Director upon attaining the age of 75 years.

The company confirmed compliance with SEBI Letter dated June 14, 2018 and BSE Circular LIST/COMP/14/2018-19 dated June 20, 2018, stating that neither Mr. Hardev Chand Verma nor Mrs. Palak Jindal has been debarred from holding the office of Director by virtue of any SEBI Order or any other Authority.

Director Details

Hardev Chand Verma

  • Designation: Non-Executive Non-Independent Director
  • Date of re-appointment: 30.10.2026
  • Occupation: Professional
  • Date of Birth: 15/11/1952
  • Profile: Holds a graduation degree with extensive experience in the Steel Sector, Project Implementation, and Domestic and International Marketing. Served as a Director of the Company since 2013.
  • Relationships: Not related to any of the Directors of the Company.

Palak Jindal

  • Designation: Non-Executive Independent Director
  • Date of appointment: 08/08/2026
  • Term: 5 years
  • Occupation: Business
  • Date of Birth: 26/11/1991
  • Profile: Holds a Bachelor of Commerce (B.Com.) degree from Panjab University with background in commerce, accounting, finance, and business administration.
  • Relationships: Not related to any of the Directors of the Company.

The disclosure references SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 and was signed by Dheeraj Kumar, Company Secretary.