Steel City Securities Limited Reconstitutes Key Committees and Records Cessation of Independent Director
Steel City Securities Limited announced several outcomes from its Board of Directors meeting held on July 30, 2026. The board focused on reconstituting multiple statutory committees, while officially recording the cessation of Sri. A. Krishna Rao as a Non-Executive Independent Director.The company has reconstituted its Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee, and Internal Complaints Committee, detailing the new composition for each body.
Committee Reconstructions
The membership structure for the key committees is as follows:
| Committee Name | Members |
|---|---|
| Audit Committee | I. Sridhar, G. V. Vandana, N. Satya Kumar |
| Nomination and Remuneration Committee | Ch. Murali Krishna, G. Vijaya Kumar, N. Satya Kumar |
| Stakeholders' Relationship Committee | N. Satya Kumar, G. Vijaya Kumar, Satish Kumar Arya, T.V. Srikanth |
| Internal Complaints Committee | M. Srividya, G.V. Vafrdana, K. Krishna Prasad, Satish Kumar Arya |
Cessation of Independent Director
The Board officially took on record the cessation of office of Sri. A. Krishna Rao as a Non-Executive Independent Director of Steel City Securities Limited. This decision follows him successfully completing his two consecutive terms as an Independent Director, effective July 29, 2026.
The Board of Directors placed on record its sincere appreciation for the invaluable guidance, leadership and contribution made by Sri. A. Krishna Rao during his tenure and wished him all success in his future endeavours.
STEELCITY Stock Price Movement
As of 12:12 PM, shares of Steel City Securities Limited are slipping by 0.11% in live trading, currently priced at ₹75. The stock has seen a total traded volume of 702 shares as it trades in the active market session.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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