StockWatch
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Iron & Steel Products
Board Meeting24 Apr 2026, 06:31 pm

Chrome Silicon Board Reconstitutes Committee for Manufacturing Recommencement

AI Summary

The Board of Directors of Chrome Silicon Ltd. convened a meeting on April 24, 2026, where they reviewed the company's affairs. Following the resignation of Mr. Hirak Kumar Basu, the Board reconstituted a Committee of Directors. This committee, comprising Mr. I.N. Rao (Independent Director), Mr. P. Raju (Independent Director), and Mr. P.V. Rao (Whole-Time Director), has been tasked with evaluating the feasibility of recommencing the company's manufacturing operations. The committee is expected to submit its recommendations to the Board for consideration and decision in due course.

Key Highlights

  • Board of Directors reviewed company affairs on April 24, 2026.
  • Committee of Directors reconstituted after a management resignation.
  • New committee to examine feasibility of recommencing manufacturing operations.
  • Committee includes two Independent Directors and one Whole-Time Director.
  • Recommendations will be submitted to the Board for future decisions.