Management Change13 Aug 2026, 06:23 pm
Maithan Alloys: Executive Directors' Designations Changed
AI Summary
Maithan Alloys Ltd announced a change in the designations of two key executive directors, effective October 1, 2026. Mr. Subhas Chandra Agarwalla, previously Chairman and Managing Director, will now be the Executive Chairman. Mr. Subodh Agarwalla, formerly Whole-time Director and Chief Executive Officer, will assume the role of Managing Director & Chief Executive Officer. The terms of their remuneration remain unchanged. These changes are subject to shareholder approval and are in compliance with SEBI Listing Regulations.
Key Highlights
- Executive Chairman and MD & CEO designations updated.
- Changes effective from October 1, 2026.
- Remuneration terms remain unchanged for both directors.
- Shareholder approval is required for the designation changes.
- Mr. Subhas Chandra Agarwalla is a promoter and relative of other directors.
Price Impact
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