Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Steel Exchange India Limited ( (IN:STEELXIND) ).
Steel Exchange India Limited has announced that Mr. Nagoji Ram Mohan has resigned as Nominee Director on the company’s board following the withdrawal of his nomination by lender Vishwa Samudra Holdings Private Limited, effective from the close of business on January 2, 2026. The company has formally recorded his cessation as director in compliance with SEBI’s listing and disclosure regulations and has placed on record its appreciation for his contributions during his tenure, signaling a change in lender representation at the board level that stakeholders may monitor for any implications on governance or 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 engaged in the steel manufacturing sector, with its equity shares listed on BSE and NSE under the scrip code STEELXIND.
Average Trading Volume: 170,374
Technical Sentiment Signal: Hold
Current Market Cap: 11.96B INR
See more insights into STEELXIND stock on TipRanks’ Stock Analysis page.