Jayaswal Neco Industries Limited has informed the Exchange regarding Appointment of Ravi B. Gudi as Senior Management Personnel of the company w.e.f. May 31, 2025.
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Jayaswal Neco Industries has appointed Ravi B. Gudi as President - Materials Management, designated as Senior Management Personnel, effective May 31, 2025. The appointment was approved by the Board via circular resolution on June 6, 2025. Mr. Gudi, aged 57, is a mechanical engineer with around 32 years of experience in the steel and metals industry. He previously worked with Kalyani Steels Limited as Vice President (Project Procurement) and has held roles at companies like Mukand Limited, Jindal (India) Limited, ArcelorMittal, Jindal Stainless, and Sesa Goa Limited. The appointment is a full-time role with no disclosed relationship to existing directors.
This is a routine senior management hire and is unlikely to have any material impact on the stock price. The new appointment brings strong procurement experience from major steel companies, which could support the company's materials management and supply chain functions.