Magnus Steel and Infra Ltd. Appoints New Directors and Changes Designation
Magnus Steel and Infra Ltd. announced several changes to its board of directors on March 28, 2026. The changes were approved at a board meeting held on that date.Mr. Chinmay Pradhan has been appointed as Managing Director, effective March 28, 2026, subject to member approval. Mr. Prakash Salve has been appointed as an Additional Executive Director, also effective March 28, 2026, and subject to member approval. Mrs. Krutika Shah has been appointed as an Additional Non-Executive Independent Director, effective March 28, 2026, pending member approval.
Additionally, Mr. Karronn Bajaj’s designation has changed from Managing Director to Non-Executive Director, effective March 28, 2026, subject to member approval.
New Directors’ Profiles
The company provided brief profiles for the newly appointed directors:| Particulars | Chinmay Pradhan | Prakash Salve | Krutika Shah |
|---|---|---|---|
| Reason for Change | Appointment as Managing Director | Appointment as Additional Executive Director | Appointment as Additional Non-Executive Independent Director |
| Date of Appointment | March 28, 2026 | March 28, 2026 | March 28, 2026 |
| Brief Profile | Sales and business tech professional with 20 years of experience in sales, team management, and managing companies’ internal technology and IT GRC. | Financial management professional with a Bachelor of Commerce degree and over five years of experience in finance. | Company Secretary with expertise in strategic management and business planning. |
| DIN | 10753724 | 11632859 | 11631205 |
| Shares Held | NIL | NIL | NIL |
| Relationship with Other Directors | NIL | NIL | NIL |
Mr. Bajaj, now a Non-Executive Director, has experience in steel trading and manufacturing. He is brother to Aditya Bajaj and son of Naresh Bajaj.
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