Modern Steels Appoints New Auditors, Reappoints CMD & Directors
Modern Steels Ltd announced a series of board-level changes following a meeting on August 11, 2026. The company's Board of Directors approved the appointment of M/s. Sanjeev Sharma & Associates as Statutory Auditors for a one-year term, subject to shareholder approval. Additionally, Mr. Krishan Kumar Goyal was re-appointed as Chairman & Managing Director for five years, and Dr. Surinder Kumar was appointed as a Non-Executive Independent Director. Prof. Anupama Sharma was also re-appointed as a Non-Executive Independent Director for her second term. The board also approved the standalone un-audited financial results for the quarter ended June 30, 2026, showing a profit of ₹36 Lakhs. The 52nd Annual General Meeting is scheduled for September 26, 2026.
Key Highlights
- New statutory auditors appointed, subject to shareholder approval.
- CMD Krishan Kumar Goyal re-appointed for a five-year term.
- New Non-Executive Independent Director Dr. Surinder Kumar appointed.
- Prof. Anupama Sharma re-appointed as Non-Executive Independent Director.
- Q1 FY27 unaudited results show profit of ₹36 Lakhs.
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