StockWatch
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Iron & Steel Products
Management Change11 Aug 2026, 05:30 pm

Vallabh Steels Appoints Kapil Kumar Jain as Additional Director

AI Summary

Vallabh Steels Ltd has announced the appointment of Mr. Kapil Kumar Jain (DIN: 00755228) as an Additional Director, effective August 11, 2026. This appointment, made by the Board of Directors upon the recommendation of the Nomination and Remuneration Committee, is in the category of Non-Executive, Non-Independent Director. Mr. Jain, aged 76, brings extensive experience in Business Management. He holds 2,32,000 equity shares, representing 4.69% of the company's paid-up equity share capital. He is not debarred from holding a directorship by any regulatory authority and has no directorships or committee memberships in other listed entities. His appointment is to fulfill statutory requirements and will be placed before the members at the ensuing Annual General Meeting.

Key Highlights

  • Kapil Kumar Jain appointed as Additional Non-Executive, Non-Independent Director.
  • Appointment effective August 11, 2026, to hold office until the next AGM.
  • Director holds 4.69% stake in Vallabh Steels Ltd.
  • Mr. Jain has significant experience in Business Management.
  • Not debarred from directorship by any authority.