Steel Authority of India Ltd. Announces Leadership Changes
New Delhi – Steel Authority of India Ltd. (SAIL) announced changes to its board leadership, effective April 1, 2026. Shri Amarendu Prakash, Chairman and Managing Director, resigned from his position, as previously communicated in a letter dated January 2, 2026, to the Ministry of Steel, Government of India. The resignation was approved, and he has ceased to be a member of the SAIL Board.Krishna Kumar Singh, Director (Personnel), has been given the additional charge of the post of Chairman and Managing Director for a period of three months, from April 2, 2026, to July 1, 2026, or until a regular incumbent is appointed, whichever occurs first.
Details of Leadership Change:
| Particulars | Description |
|---|---|
| Reason for Change | Resignation of Shri Amarendu Prakash, Chairman and Managing Director (DIN: 08896653) |
| Date of Cessation | April 1, 2026 |
| Disclosure of Relationships | Not Applicable |
| Letter of Resignation | Enclosed (Annexure II) |
| Directorships | Nil |
| Confirmation of Material Reasons | Not Applicable |
Shri Prakash served as Chairman and Managing Director for 34 years. The company stated that he is confident that SAIL is well-positioned for continued progress.
The Ministry of Steel, Government of India, approved the resignation of Shri Amarendu Prakash on January 22, 2026.
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