Management Change8 May 2026, 03:43 pm
Kalyani Steels Appoints Bantu Upendra Kumar Patro as CFO
AI Summary
Kalyani Steels Ltd announced the appointment of Mr. Bantu Upendra Kumar Patro as the Chief Financial Officer (CFO) effective May 9, 2026. This decision was made based on the recommendations of the Audit Committee and the Nomination and Remuneration Committee. The company also declared audited financial results for the quarter and year ended March 31, 2026, recommending a dividend of ₹10 per equity share. Additionally, Mr. Shishir Joshipura was appointed as an Additional Independent Director for a term of four years, subject to member approval.
Key Highlights
- Bantu Upendra Kumar Patro appointed as Chief Financial Officer, effective May 9, 2026.
- Board recommends a dividend of ₹10 per share for FY 2025-26, subject to member approval.
- Shishir Joshipura appointed as Additional Independent Director for four years, pending approval.
- Kalyani Steels' Board approved audited financial results for the year ended March 31, 2026.
- Revenue from Operations for the year ended March 31, 2026 stood at ₹18,456.07 Million.
Price Impact
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