StockWatch
·
Sponge Iron
Management Change5 Aug 2026, 11:01 am

KIOCL Appoints Three Independent Directors

AI Summary

KIOCL Limited has announced the appointment of Shri. Rakesh Modi, Shri. Avtar Singh, and Shri. Subash Chandra Saraf as Non-Official Independent Directors to its Board. The appointments are effective from July 14, 2026, and are for a term of three years, as per an order from the Ministry of Steel, Government of India. All appointees have confirmed they are not debarred from holding directorships by any regulatory authority. The filing includes brief profiles and disclosures regarding their relationships with existing directors and the company.

Key Highlights

  • Three new independent directors appointed to KIOCL's Board.
  • Appointments are effective from July 14, 2026, for a three-year term.
  • Appointees confirmed not to be debarred by SEBI or other authorities.
  • Ministry of Steel, Government of India, issued the appointment orders.