Jindal Stainless Limited has informed the Exchange regarding Cessation of Mr Jayaram Easwaran as Independent Director of the company after closure of business hours of 04th August, 2025.
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Mr. Jayaram Easwaran (DIN: 02241192) has ceased to be an Independent Director of Jindal Stainless Limited after the closure of business hours on 4th August 2025. The cessation is due to the completion of his second consecutive term as an Independent Director, which ended on that date. The company has disclosed this under SEBI Listing Regulations with a detailed annexure. This is a routine end-of-tenure event and not linked to any governance concern or dispute.
No material impact on shareholders — this is the natural expiry of a director's term. Investors should watch for any announcement on a replacement Independent Director, as board composition changes can affect committee oversight.