SSWLNSESteel Strips Wheels Limited· Auto AncillariesMediumNeutral
Announced Wed, 18 Mar · 17:40 IST

Steel Strips Wheels Limited has informed the Exchange regarding Resignation of Mr Sanjay Surajprakash Sahni as Non- Executive Director of the company w.e.f. March 18, 2026.

Management Changes View source PDF

SSWL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹187.00
prior close
₹184.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-0.7-0.5-0.8-1.6-2.9-2.7-0.5-4.1+0.5+15.7+15.8+11.8+22.8
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AI summary

Steel Strips Wheels Limited has informed the stock exchanges that Mr Sanjay Surajprakash Sahni has resigned as a Non-Executive (Nominee) Director of the company with effect from the close of business hours on March 18, 2026. Mr Sahni was nominated on the SSWL board by Tata Steel Limited (TSL), which is an equity investor in the company. The resignation follows Mr Sahni's own resignation from Tata Steel, after which TSL also formally withdrew his nomination. The company has confirmed there is no other material reason for the resignation.

Likely market impact

This is a routine change triggered by the nominee director leaving the nominating entity (Tata Steel). Tata Steel still holds its equity stake in SSWL and may nominate a replacement director. No material impact on operations or shareholders is indicated.