Corporate Governance15 Jul 2026, 03:53 pm
MSTC Ltd: Govt Appoints Two Independent Directors for Three Years
AI Summary
MSTC Ltd has received an order from the Ministry of Steel, Government of India, appointing Shri Siraiong Singpho and Shri Niwas Mandal as Non-Official Independent Directors to its Board. Their tenure will be for a period of three years from the date of notification or until further orders, whichever is earlier. Both appointees are unrelated to any existing Director or Key Managerial Personnel of the company and are not debarred from holding directorships by any regulatory authority. Further details will be provided in due course as required by SEBI regulations.
Key Highlights
- Government appoints two new independent directors to MSTC Ltd's Board.
- Appointments are for a term of three years.
- Directors are unrelated to current management and free of regulatory debarment.
- This is a regulatory and corporate governance update.
Price Impact
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