Date: 22.09.2026

KMP / Board / Auditor Changes

Appointment Details:

  • Name: Shri GVN Prasad (Sri Ghantasala Venkata Nagambika Prasad)
  • Designation: Non-Executive Director
  • DIN: 10612236
  • Appointing Authority: Rashtriya Ispat Nigam Limited (RINL)
  • Replacing: Shri Arun Kanti Bagchi
  • Effective Date: 16th September, 2026
  • Type of Change: Nomination by parent company RINL

Professional Background:

  • Joined RINL in 1987 as Metallurgical Engineer
  • Completed Executive Post Graduate Program in Executive Management (EPGP) from IIM Kozhikode
  • Previously served as General Manager (Marketing) and was in-charge of Marketing Operations at RINL
  • Worked as Branch Manager (Marketing) across India and Regional Manager (Marketing) in Eastern Region and Western Region
  • Awarded Jawahar Nehru (JN) award in 2015 by RINL management for outstanding performance

Relationships between Directors:

  • Disclosure states: "Not Applicable" regarding relationships between directors

Board Meeting Outcomes

Not Specified

Financial Results (Standalone & Consolidated)

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

Regulatory Compliance:

  • Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Reference: RINL letter no. CA/BGC-OMDC/26 dated 16th September, 2026
  • Received by OMDC on 21.09.2026

Corporate Structure Context:

  • Rashtriya Ispat Nigam Limited (RINL) is a Government of India Undertaking (CIN No. U27109AP1982GOI003404)
  • RINL has nomination rights on OMDC board