Management Change3 Sept 2026, 03:51 pm
Adishakti Loha Appoints 3 Independent Directors, New Auditors
AI Summary
Adishakti Loha and Ispat Ltd announced the appointment of three new Independent Directors: Mr. Indrajeet Pradhan, Mr. Mohit Lochan, and Mrs. Ritika Bachhawat. The appointments are effective September 3, 2026, subject to shareholder approval at the upcoming AGM. The company also appointed M/s S K HANDA & ASSOCIATES as Statutory Auditors for a five-year term, replacing M/s V.N Purohit & CO. Additionally, M/s. Rohit Bhatia & Associates were appointed as Secretarial Auditors for five years. The Board Meeting also fixed the AGM date for September 30, 2026, and approved the Directors' Report for FY26.
Key Highlights
- Appointed three new Independent Directors: Indrajeet Pradhan, Mohit Lochan, Ritika Bachhawat.
- Appointed S K HANDA & ASSOCIATES as Statutory Auditors for five years.
- Appointed Rohit Bhatia & Associates as Secretarial Auditors for five years.
- AGM scheduled for September 30, 2026; cut-off date September 23, 2026.
- Approved Directors' Report for the financial year ended March 31, 2026.
Price Impact
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