Shiv Aum Steels: Board Reconstitutes Committees, Appoints New Chairman
Shiv Aum Steels reconstituted its Audit Committee and Nomination and Remuneration Committee effective April 1, 2026. Mr. Ankit Suryakant Mehta was appointed as Chairman of the Company effective April 16, 2026, following a resignation.
Changes in key leadership positions and committee compositions can have a medium-term impact on the company's strategic direction and governance.
The announcement pertains to changes in board committees and leadership roles, which are routine corporate governance matters. There are no immediate financial implications stated.
Shiv Aum Steels Limited announced outcomes from its Board of Directors meeting held on April 16, 2026. The board approved the reconstitution of the Audit Committee and the Nomination and Remuneration Committee, effective April 01, 2026. This reconstitution follows the resignation of Mrs. Bharti Manoj Daga.
The newly constituted Audit Committee comprises Mr. Harsh Lapsia as Chairman, Mr. Ankit Suryakant Mehta as Member, and Mr. Sanjay N Bansal as Member.
The Nomination and Remuneration Committee will be chaired by Mr. Pramod Basrur, with Mr. Harsh Lapsia and Mrs. Vanita Bansal serving as members.
Additionally, the board approved the appointment of Mr. Ankit Suryakant Mehta as the Chairman of the Company, effective April 16, 2026, also consequent to the resignation of Mrs. Bharti Manoj Daga. The meeting of the Board of Directors commenced at 05:00 P.M. and concluded at 05:30 P.M.
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Shiv Aum Steels Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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