Mahamaya Steel Reappoints Independent Director for 5-Year Term
Mahamaya Steel Industries Ltd announced the reappointment of Mrs. Vanitha Rangaiah as a Non-Executive Independent Director for a second term of five years. The reappointment, effective from June 28, 2026, to June 27, 2031, was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors on June 26, 2026. This reappointment is subject to shareholder approval via a Special Resolution at the upcoming Annual General Meeting. Mrs. Rangaiah, a Commerce Graduate with over 20 years of experience in Accounts and Finance, is not debarred from holding a director's office. The company affirmed compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Independent Director Mrs. Vanitha Rangaiah reappointed for a second term.
- The new term is for 5 years, from June 28, 2026, to June 27, 2031.
- Reappointment requires shareholder approval via Special Resolution at AGM.
- Director has over 20 years of experience in Accounts and Finance.
- Company confirms compliance with SEBI Listing Regulations.
Price Impact
More from MAHASTEEL