Mahamaya Steel Industries Limited has informed the Exchange about change in Management
MAHASTEEL · price
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At the 37th Annual General Meeting held on September 26, 2025, shareholders approved the reappointment of Mr. Rajesh Agrawal (DIN: 00806417) as Managing Director for a fresh 5-year term effective from October 1, 2025 to September 30, 2030. Mr. Agrawal, aged 53, holds a B.Com degree and has over 35 years of experience in steel structural manufacturing, marketing, and project management. He is related to existing director Mrs. Rekha Agrawal. Shareholders also approved the appointment of Mr. Nitesh Jain (Practicing Company Secretary) as Secretarial Auditor for five financial years from FY 2025-26 to FY 2029-30. Both decisions had earlier received board approval at meetings on September 1, 2025 and May 27, 2025.
This is a routine continuity event — the existing promoter-family Managing Director gets a new term and a new secretarial auditor is onboarded. No disruption to operations, strategy, or shareholding is expected, and there are no governance red flags in the filing.