Based on the recommendations of the Nomination and Remuneration Committee, Tata Steel BSL has informed that the Board of Directors of the Company at its meeting held on May 14, 2021, approved the following: Re-appointment of Rajeev Singhal as the Managing Director of the Company for a period of one year with effect from May 18, 2021, on the expiry of his present term on May 17, 2021, subject to the approval of shareholders. The company has confirmed that Singhal is not debarred from holding the office of Director by virtue of any Order passed by the Securities and Exchange Board of India or any other such authority and Re-appointment of Sanjib Nanda as the Chief Financial Officer of the Company for a period of one year with effect from May 18, 2021, on the expiry of his present term on May 17, 2021. Details in respect of the said re-appointments are enclosed as Annexures I and II. This disclosure is being submitted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
The above information is a part of company’s filings submitted to BSE.
