Announcement under Regulation 30 (LODR)- 1.Took note on record the cessation of Mrs Usha Chachan, Director. 2.Approved the Appointment of Mr Vermula Jalaprasad as the Additional and Executive ....
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Aditya Ispat Limited's Board, at its meeting on March 23, 2026, accepted the resignation of Mrs. Usha Chachan (DIN: 02304178) as Director, effective March 20, 2026, due to personal reasons. The Board approved the appointment of Mr. Vemula Jalaprasad (DIN: 11358329) as Additional Director and Whole Time Executive Director for a 3-year term ending March 22, 2029, subject to shareholder approval at the next AGM. Mr. Jalaprasad holds a postgraduate degree in Structural Engineering from JNTU Kakinada with over a decade of experience in infrastructure and project management. He currently holds no shares in the company and has no other listed entity directorships.
This is a routine board-level transition with one outgoing and one incoming director; shareholders should watch for any strategic shifts once Mr. Jalaprasad takes charge, but no immediate material impact on operations or stock price is expected.