
Management Change21 Oct 2026, 07:40 pm
Adishakti Loha and Ispat Ltd: 3 Independent Directors Resign
AI Summary
Adishakti Loha and Ispat Ltd announced the resignation of three Non-Executive Independent Directors: Ms. Swati Jain, Mr. Kanwar Nitin Singh, and Mr. Lovish Kataria. The resignations are effective immediately, citing personal reasons. Ms. Jain was a member of the Nomination & Remuneration Committee. Mr. Singh was the Chairperson of the Audit Committee and Stakeholders Grievances Committee. Mr. Kataria was the Chairperson of the Nomination & Remuneration Committee and a member of the Audit Committee and Stakeholders Grievances Committee. The company has provided detailed disclosures as per SEBI regulations.
Key Highlights
- Three independent directors have resigned from the board.
- Resignations are effective immediately due to personal reasons.
- Key committee roles held by the resigning directors are now vacant.
- Company has complied with SEBI disclosure requirements.
Price Impact
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