Key Appointments and Changes:

1. Appointment of Additional Director

  • Based on recommendation of the Nomination and Remuneration Committee, approved appointment of Mrs. Ayushi Khaitan (DIN: 10171829) as an Additional Director (Non-Executive, Independent)
  • Effective from: 01 August, 2026
  • Term: Five consecutive years till 31st July, 2031
  • Subject to approval of shareholders of the Company
  • Mrs. Ayushi Khaitan is not debarred from holding the office of Director by virtue of any SEBI or other authority order
  • Profile: Qualified Company Secretary with approximately 10 years of experience in Administration, Marketing, and Finance

2. Appointment of Chief Financial Officer

  • Based on recommendation of Nomination and Remuneration Committee and approval of the Audit Committee
  • Mr. Sandeep Khanna appointed as Chief Financial Officer
  • Effective from: 01 August, 2026
  • Profile: Alumni of IIM Lucknow with specialization course, diploma holder in IFRS (IND AS) from The Institute of Chartered Accountants of India, vast exposure in steel industry over 2 decades

3. Re-designation of Director

  • Mr. Deepak Agarwal (DIN: 00343812) re-designated from Non-Executive Director to Chairman cum Non-Executive Director
  • Effective from: 31 July, 2026
  • Mr. Deepak Agarwal is not debarred from holding the office of Director
  • Tenure as Director subject to retirement by rotation in terms of Section 152 of the Companies Act, 2013
  • Profile: Over 2 decades of experience in the steel industry
  • Relationship disclosure: Brother of Mr. Dilipp Agarwal

4. Appointment of Statutory Auditors

  • Approved appointment of M/s. S K Agrawal and Co. Chartered Accountants LLP as Statutory Auditors
  • Firm registration No: 306033E/E300272
  • Peer Reviewed No.: 021382 (Certificate valid till 31-07-2028)
  • Term: Five consecutive years
  • Commencement: From conclusion of the ensuing 14th Annual General Meeting till conclusion of the 19th Annual General Meeting
  • Subject to approval of shareholders
  • Reason for change: Completion of existing tenure (ten years) of current auditors M/s Singhi & Co. Chartered Accountants (Firm registration No: 302049E)
  • Profile: 58 years old firm servicing across India from Kolkata, NCR and Mumbai with partner experience of 200+ years, specializing in assurance and risk management services

5. Annual General Meeting

  • The 14th Annual General Meeting scheduled for Wednesday, 30th September, 2026
  • Venue: Registered Office at Premlata, 39, Shakespeare Sarani, 2nd Floor, Kolkata - 700 017
  • Meeting timing: Commenced at 05:30 PM (IST) and concluded at 06:00 PM (IST)