Intimation for receipt of disclosures given by newly appointed Directors of the Company U/R 7(1)(B) of SEBI (PIT) Regulation, 2015.
SCANSTL · price
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Scan Steels Ltd has submitted a routine compliance filing to BSE disclosing that three newly appointed Additional Directors (Non-Executive, Independent) hold NIL shares in the company. The three directors — Mr. Jitendriya Mohanty, Ms. P. Monalisha, and Mrs. Sushama Anuj Yadav — were all appointed on August 8, 2025, and each holds 0.00% shareholding with no securities or derivative positions. The disclosures were filed in the prescribed Form B format as required under Regulation 7(1)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing was signed by the Company Secretary, Prabir Kumar Das, on September 1, 2025.
This is a standard regulatory disclosure with no material impact on shareholders. It simply confirms that the newly appointed independent directors have no prior stake in the company, which is generally a neutral to positive signal regarding independence and governance.