StockWatch
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Iron & Steel Products
Board Meeting26 May 2026, 11:05 am

Usha Martin: Board approves auditor, director appointments

AI Summary

Usha Martin Ltd's board approved the appointment of M/s. MSKA & Associates LLP as the new statutory auditors for a 5-year term, subject to shareholder approval, replacing M/s. S R Batliboi & Co. LLP. The board also approved the re-appointment of Mr. Venkatachalam Ramakrishna Iyer and Mr. Sethurathnam Ravi as Non-Executive Independent Directors for a second and final 5-year term. Additionally, Ms. Shreya Jhawar, Mr. Dimitri Bracco Gartner, and Mr. Sabyasachi Majumder were appointed as Additional Directors (Non-Executive, Non-Independent), all effective from 2026, subject to shareholder approval.

Key Highlights

  • MSKA & Associates LLP appointed as statutory auditors, subject to shareholder approval.
  • Venkatachalam Ramakrishna Iyer re-appointed as Non-Executive Independent Director.
  • Sethurathnam Ravi re-appointed as Non-Executive Independent Director.
  • Shreya Jhawar appointed as Additional Director (Non-Executive, Non-Independent).
  • Dimitri Bracco Gartner and Sabyasachi Majumder also appointed as Additional Directors.