Management Change18 May 2026, 05:21 pm
Electrosteel Castings: Uddhav Kejriwal Re-appointed as Director
AI Summary
Electrosteel Castings Ltd's board re-appointed Mr. Uddhav Kejriwal as Whole-time Director for 5 years starting June 16, 2026, and approved his remuneration for 3 years, subject to shareholder approval. The board also recommended a final dividend of ₹0.90 per share for FY26. Additionally, Mrs. Priya Manjari Todi's tenure as Whole-time Director was revised to 5 years. The Nomination and Remuneration Committee was reconstituted following Mr. Rajkumar Khanna's resignation as Chairman.
Key Highlights
- Uddhav Kejriwal re-appointed as Whole-time Director for 5 years.
- Final dividend of ₹0.90 per share recommended for FY26.
- Priya Manjari Todi's tenure revised to 5 years.
- Nomination and Remuneration Committee reconstituted.
- Audited financial results for FY26 approved.
Price Impact
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