Vallabh Steels Appoints Kapil Kumar Jain as Whole-Time Director
Vallabh Steels Limited announced the appointment of Mr. Kapil Kumar Jain as a Director and Whole-Time Director. The appointment was approved by the company's members at the 46th Annual General Meeting (AGM) held on September 30, 2026. Mr. Jain, who was initially appointed as an Additional Director on August 11, 2026, will serve as Whole-Time Director for a period of three years, from September 30, 2026, to September 29, 2029. He will not receive any remuneration, only reimbursement of actual expenses. Mr. Jain, aged 76, is a Commerce graduate with approximately 40 years of experience in the iron and steel industry. He is designated as an Executive Director and is considered Key Managerial Personnel.
Key Highlights
- Kapil Kumar Jain appointed as Director and Whole-Time Director.
- Term of appointment is three years, effective September 30, 2026.
- No remuneration will be paid, only expense reimbursement.
- Mr. Jain brings 40 years of experience in the steel industry.
- Appointment approved at the 46th Annual General Meeting.
Price Impact
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