Re-appointment of MD
Awaiting price reaction for this filing.
Chase Bright Steel Ltd has announced the reappointment of Mr. Avinash Jajodia as Managing Director for another 3-year term from 12th June 2026 to 11th June 2029. The reappointment was approved in a Board meeting held on 29th May 2026. Mr. Jajodia has been associated with the company for over 20 years, having joined as a business executive and progressed to Executive Director, then Managing Director, and finally Chairman & Managing Director. He holds an MBA from Manchester University, UK. The company states that Mr. Jajodia is not related to any directors of the company.
This reappointment provides leadership continuity for the company. Mr. Jajodia's track record includes rehabilitating the company and turning around its fortunes, which is viewed positively by shareholders seeking stability at the helm.