Steel Authority of India Limited has informed the Exchange regarding Cessation of Dr. Gopal Singh Bhati as Non- Executive Independent Director of the company w.e.f. April 20, 2026.
SAIL · price
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SAIL has informed the exchanges that three Non-Executive Independent Directors — Dr. Gopal Singh Bhati, Dr. Anju Bajpai, and Shri Manjeet Kumar Razdan — have ceased to be members of the Board effective April 20, 2026. Their one-year term, which began on April 21, 2025, has concluded on completion of tenure. All three departures are due to the expiry of their appointment period and are not resignations.
Three independent directors departing simultaneously creates a board composition gap at SAIL, which is a public sector steel PSU. The board may need to appoint replacements to maintain compliance with SEBI listing norms on independent director composition.