Management Change20 Jul 2026, 01:53 pm
Electrotherm Appoints Raj Kumar Bansal as Independent Director
AI Summary
Electrotherm (India) Ltd announced the appointment of Mr. Raj Kumar Bansal as an Additional Director in the category of Non-Executive Independent Director. His term will be for five consecutive years, from July 20, 2026, to July 19, 2031. Mr. Bansal, a Chartered Accountant with 40 years of experience in banking and asset reconstruction, previously served as MD & CEO of Edelweiss Asset Reconstruction Ltd. The board also approved the appointment of Mr. Harish Mukati as Whole Time Director & CEO of the Steel Division for three years, subject to member approval. The board meeting took place on July 20, 2026.
Key Highlights
- Raj Kumar Bansal appointed Non-Executive Independent Director.
- Appointment is for a term of five years, effective July 20, 2026.
- Bansal brings 40 years of banking and ARC industry experience.
- Harish Mukati also appointed Whole Time Director & CEO (Steel Division).
Price Impact
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