SHIVAUMNSEShiv Aum Steels LimitedHighNegative
Announced Wed, 15 Apr · 18:29 IST

Shiv Aum Steels Limited has informed the Exchange regarding Resignation of Mrs Bharti Manoj Daga as Chairman of the company w.e.f. March 31, 2026.

Director Flagged GovernanceManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹339.80
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.6+1.5+6.5+2.0+6.5-4.4+7.4+19.5
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AI summary

Mrs Bharti Manoj Daga has resigned as Chairperson and Non-Executive Independent Director of Shiv Aum Steels Limited with effect from March 31, 2026. The resignation was tendered citing personal pre-occupations and other commitments. The Board accepted her resignation on April 15, 2026. With this, she also ceases to be a member of the Audit Committee and Nomination and Remuneration Committee. She has confirmed that there are no material reasons behind her resignation other than personal reasons. No replacements have been announced yet.

Likely market impact

Her departure leaves a gap in board leadership as both Chairperson and Independent Director positions are now vacant. Shareholders should watch for timely appointment of a new Independent Director to maintain board compliance.