Board Meeting23 Mar 2026, 08:11 pm
Aditya Ispat Ltd: New Executive Director Appointed, One Director Resigns
AI Summary
Aditya Ispat Ltd announced the outcome of its Board Meeting held on 23.03.2026. The meeting was transacted with several key points, including the resignation of Mrs Usha Chachan due to personal reasons and the appointment of Mr. Vemula Jalaprasad as the Additional Director and Executive Director. Mr. Jalaprasad will hold office until the conclusion of the next Annual General Meeting and will serve as the Executive Director for a period of 3 years, subject to shareholder approval.
Key Highlights
- Mrs Usha Chachan resigns from the Board due to personal reasons.
- Mr. Vemula Jalaprasad appointed as Additional Director.
- Mr. Vemula Jalaprasad appointed as Executive Director for a 3-year term.
- Appointments are subject to shareholder approval at the next Annual General Meeting.
- Mr. Jalaprasad has not been debarred from holding the office of Director by any authority.