StockWatch
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Iron & Steel
Management Change28 Oct 2026, 02:22 pm

Kalyani Steels: B.N. Kalyani Resigns as Chairman, Amit B. Kalyani Appointed

AI Summary

Kalyani Steels Ltd announced significant management changes following a Board Meeting on October 28, 2026. Mr. B.N. Kalyani resigned as Chairman and Non-Executive Non-Independent Director, a role he held since the company's incorporation in 1973. He has been appointed as Chairman Emeritus to leverage his experience. Concurrently, Mr. Amit B. Kalyani has been appointed as the new Chairman of the Board of Directors, effective October 29, 2026. Ms. Geeta Shamrao Jadhav was also appointed as Chief Human Resource Officer (CHRO). The board also approved the unaudited financial results for the quarter and half-year ended September 30, 2026, with an unmodified auditor's report.

Key Highlights

  • B.N. Kalyani resigns as Chairman and Director.
  • B.N. Kalyani appointed Chairman Emeritus.
  • Amit B. Kalyani appointed new Chairman.
  • Unaudited financial results for Q2 FY27 approved.
  • Geeta Shamrao Jadhav appointed CHRO.