Outcome of the Meeting of the Board of Directors of SRU Steels Limited as Pursuant to Regulation 30 of read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations ....
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At a board meeting held on October 13, 2025, SRU Steels appointed two new Additional Non-Executive Independent Directors — Mrs. Meenu Jain (DIN: 07072779, 12 years of experience in company law and listing compliances) and Mr. Naveen Sharma (DIN: 10659785, experience in management). Simultaneously, the board accepted the resignations of two existing Independent Directors, Himanshu Rajeshkumar Vyas (DIN: 10867339) and Kairavi Lalitbhai Vadodariya (DIN: 10849564), both effective the same day and citing pre-occupation with other matters. The Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee were reconstituted with the new directors, and Dharmik Atulbhai Rojasara was named Chairperson of all three committees.
The back-to-back exit of two independent directors and their immediate replacement suggests a full refresh of the independent director lineup in a single sitting, which shareholders should monitor for governance continuity. The new appointees bring compliance and management expertise, but the simultaneous resignations on the same date may raise short-term governance scrutiny questions for retail investors.