Independent Director Resigns from Nova Iron & Steel Ltd Due to Professional Commitments
Ms. Kusum Naruka has resigned from the Board of Directors of Nova Iron & Steel Ltd. The resignation was effective from June 3, 2026, and is attributed to professional commitments. Consequently, Ms. Naruka will cease her roles as a member of several key committees within the company.As an Independent Director, Ms. Naruka served on the Audit Committee, the Nomination & Remuneration Committee, and the Stakeholders Relationship Committee of Nova Iron & Steel Ltd.
The details regarding the resignation and her association with other listed entities have been confirmed:
| Particular | Detail |
|---|---|
| Director Name | Ms. Kusum Naruka (DIN: 10679553) |
| Date of Resignation | June 3, 2026 |
| Reason for Change | Professional commitments |
| Directorship in other Listed Entity | Marble Finvest Limited |
Ms. Naruka also holds membership roles at Marble Finvest Limited, specifically within the Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee. She has confirmed that there are no material reasons for her resignation beyond those stated.
Stock Price Movement
Nova Iron & Steel Ltd shares closed out today at ₹12.00, after ticking up 1.61% in the market session. The stock navigated within a tight intraday range, trading between a low of ₹11.80 and an intraday high of ₹12.15.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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