Steel Authority of India Limited has informed the Exchange regarding Cessation of Dr. Anju Bajpai as Non- Executive Independent Director of the company w.e.f. April 20, 2026.
SAIL · price
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SAIL has informed stock exchanges that three Non-Official Independent Directors — Dr. Gopal Singh Bhati (re-appointed), Dr. Anju Bajpai, and Shri Manjeet Kumar Razdan — have ceased to be members of the Board with effect from April 20, 2026, on completion of their one-year tenure. The directors were originally appointed/re-appointed for a one-year term starting April 21, 2025. The disclosure was made under SEBI Listing Regulations. The Company Secretary, M.B. Balakrishnan, has signed the filing.
This is a routine, pre-scheduled end of tenure rather than a sudden exit, so the immediate impact on stock price is likely neutral. However, the simultaneous departure of three independent directors means the board will need fresh appointments to maintain quorum and comply with SEBI requirements on board composition.