Nature of change: Re-appointment of Mr. Biswajit Chongdar (DIN: 07571173) as Non-Executive Independent Director of the Company for a second term.
Term: Three consecutive years commencing from August 7, 2026 to August 6, 2029.
Approval Mechanism: Approved by the Board of Directors via Circular Resolution on August 6, 2026, based on the recommendation of the Nomination and Remuneration Committee. Subject to approval of shareholders at the ensuing Annual General Meeting.
Profile and Qualifications: Mr. Biswajit Chongdar worked as Executive Director, In-charge (Marketing) with Steel Authority of India Limited (SAIL). He has 38 years of experience at SAIL, where he handled Domestic and International Marketing, Logistics, and Raw Material sourcing. He successfully headed the Marketing Department of SAIL for 4 years as an Executive Director. He holds a BE degree.
Relationship with Other Directors: Mr. Biswajit Chongdar is not related to any other Director of the Company.
Eligibility Confirmation: Mr. Biswajit Chongdar is not debarred from holding the office of Director pursuant to any SEBI Order or Order of any such authority, as per BSE circular Number LIST/COM/14/2018-19 and NSE circular no. NSE/CMU2018/24 dated June 20, 2018.
Key Financial or Operational Approvals
This disclosure does not contain any financial or operational approvals beyond the director reappointment.
Strategic or Business Context
This disclosure does not contain any strategic or business context commentary.
Any Other Material Information
The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The details are provided as per Para A of Part A of Schedule Ill of Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026.
Company formerly known as VISA Steel Limited, now VISA Chrome Limited (CIN: L51109OR1996PLC004601).
