
Earthstahl & Alloys Board Approves Reappointment of Two Whole-Time Directors
Earthstahl & Alloys Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the reappointment of Mr. Prawin Somani and Mr. Rajesh Somani as Whole-Time Directors. Both appointments are for a term of five years, commencing from April 1, 2027, and September 1, 2027, respectively. These reappointments are subject to the approval of the company's shareholders at the upcoming 17th Annual General Meeting (AGM). Mr. Prawin Somani has 22 years of experience in mineral briquetting, coke, and cast iron trading, overseeing production and procurement. Mr. Rajesh Somani brings 30 years of experience in the iron and steel industry, focusing on marketing, finance, and overall business management. The filing also includes disclosures regarding their relationships and confirmation that they are not debarred from holding directorships.
Key Highlights
- Two Whole-Time Directors, Prawin Somani and Rajesh Somani, to be reappointed.
- Appointments are for a 5-year term, subject to shareholder approval.
- Reappointments effective from April 1, 2027, and September 1, 2027.
- Both directors possess extensive experience in the steel industry.
- Shareholder approval is required at the 17th AGM.
Price Impact
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