SAIL Announces Change in Board Composition Following Completion of Tenure
Steel Authority of India Ltd (SAIL) has confirmed a change in its board composition, noting the conclusion of the tenure for several Non-Official Independent Directors.The company announced that Dr. Anju Bajpai and Shri Manjeet Kumar Razdan, who served as Non-Official Independent Directors on the board, have ceased to be members. Their term concluded on April 20, 2026.
The announcement also referenced Dr. Gopal Singh Bhati, who was re-appointed to the board. The tenure for the independent directors mentioned was set for a period of one year, commencing from April 21, 2025.
The details regarding the change in board composition are summarized below:
| Director | Role | Status | Termination Date |
|---|---|---|---|
| Dr. Gopal Singh Bhati | Re-appointed Director | Member Continues | N/A |
| Dr. Anju Bajpai | Non-Official Independent Director | Ceased Tenure | April 20, 2026 |
| Shri Manjeet Kumar Razdan | Non-Official Independent Director | Ceased Tenure | April 20, 2026 |
SAIL Stock Price Movement
Today, Steel Authority of India Limited shares edged higher, closing at ₹175.06, representing a gain of 1.27%. The stock hit its 52-week high of ₹177.68 and saw high liquidity, trading on a volume of 27.07 million shares.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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