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Steel Exchange India Nominee Director Resigns After Lender Withdraws Nomination

Story Highlights
  • Steel Exchange India announced the resignation of nominee director Nagoji Ram Mohan effective 2 January 2026.
  • His exit follows lender Vishwa Samudra’s withdrawal of nomination, altering lender representation on the board.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Steel Exchange India Nominee Director Resigns After Lender Withdraws Nomination

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An update from Steel Exchange India Limited ( (IN:STEELXIND) ) is now available.

Steel Exchange India Limited has announced the resignation of Mr. Nagoji Ram Mohan as Nominee Director of the company, following the withdrawal of his nomination by lender Vishwa Samudra Holdings Private Limited, effective from the close of business on 2 January 2026. The board has formally taken note of his departure, expressed appreciation for his contributions, and disclosed the change in line with SEBI’s Listing Obligations and Disclosure Requirements, signaling a shift in lender representation at the board level that stakeholders may watch for implications on the company’s governance and financing relationships.

More about Steel Exchange India Limited

Steel Exchange India Limited operates an integrated steel plant at Sreerampuram in Vizianagaram district, Andhra Pradesh, and is listed on both BSE and the National Stock Exchange under the scrip code STEELXIND.

Average Trading Volume: 170,374

Technical Sentiment Signal: Hold

Current Market Cap: 11.96B INR

Find detailed analytics on STEELXIND stock on TipRanks’ Stock Analysis page.

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