StockWatch
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Iron & Steel Products
Management Change9 Jun 2026, 05:11 pm

Nova Iron & Steel Director Resigns Due to Professional Commitments

AI Summary

Ms. Kusum Naruka, an Independent Director of Nova Iron & Steel Ltd, has resigned from the Board of Directors, effective June 3, 2026. The resignation is due to professional commitments and also results in her ceasing to be a member of the Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee. The company has confirmed there are no other material reasons for her departure.

Key Highlights

  • Independent Director Ms. Kusum Naruka resigns from the board.
  • Resignation is effective June 3, 2026.
  • Reason cited is professional commitments.
  • Director also resigns from key board committees.