Revised intimation of change in senior management.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bihar Sponge Iron Ltd has informed BSE that Mr. Neeraj Kumar Bansal, General Manager – Purchase, has ceased to be a Senior Management Personnel of the company effective 1st October 2025. The reason is his transfer to another company located in Modi Nagar, not a resignation or termination. The company had initially communicated this on 9th October 2025 and is now submitting a revised intimation with the additional disclosures requested by the exchange under Regulation 30 of SEBI LODR. The disclosure details such as reason, date of cessation, and confirmation of no new appointment are provided in Annexure I.
Low impact for shareholders — this is a routine transfer of a mid-level senior manager (GM – Purchase) to a group/related company, and does not involve any change at the board, CEO, or CFO level. No immediate material effect on operations or stock price is expected.