Management Change1 Jul 2026, 09:30 pm
JSW Steel Appoints Dev Bajpai as Independent Director
AI Summary
JSW Steel Ltd announced the appointment of Mr. Dev Bajpai as an Additional Director in the category of Non-Executive Independent Director. The appointment, effective July 2, 2026, is based on the recommendation of the Nomination and Remuneration Committee. His tenure as an Independent Director is proposed for five years, from July 2, 2026, to July 1, 2031, subject to shareholder approval. Mr. Bajpai brings over three decades of corporate experience in various sectors including Automobile, FMCG, Hospitality, and Private Equity, with his last role being an Executive Director at Hindustan Unilever Limited. He is not related to any existing director on the JSW Steel board.
Key Highlights
- Dev Bajpai appointed as Non-Executive Independent Director.
- Appointment effective July 2, 2026, for a five-year term.
- Requires shareholder approval for the Independent Director role.
- Bajpai has extensive experience in FMCG, Auto, and Private Equity.
- No disclosed relationship with current JSW Steel directors.
Price Impact
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