S.A.L. Steel Limited has informed the Exchange about Retirement
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S.A.L. Steel Limited has informed the exchanges that Smt. Shefali M. Patel (DIN: 07235872), a Women Independent Director, has completed her second 5-year term and ceased to be on the board with effect from end of day September 26, 2025. She was serving on three key committees — Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee — all as a member. This is a routine, scheduled end of tenure and not a resignation or removal. The company has placed on record its appreciation for her contributions over the years.
This is a routine regulatory disclosure with no material impact on shareholders. The company will need to fill the independent director vacancy within the timelines prescribed under SEBI rules to maintain board composition compliance.