SASteel Authority of India500113Routine director change

Change in Board composition intimated; letter refers to Government of India Order dated 12 October 2026

The company has told the exchanges about a change in the composition of its Board.

By ScoutQuest · Tue 13 Oct 2026, 6:59 PM IST · 2 min read

Intimation letter date

13 October 2026

Government of India Order date

12 October 2026

Update category

Regulation 30 (LODR) - Cessation

Change in Board composition

The company has written to the Bombay Stock Exchange and the National Stock Exchange to intimate a change in the composition of its Board. The subject line of the letter reads "Change in Composition of SAIL Board", and the exchange update is categorised as an announcement under Regulation 30 (LODR) - Cessation.

What the intimation says

• The letter is dated 13 October 2026.
• It refers to an Order of the Government of India dated 12 October 2026.
• It is signed by Mohit Malpani, Executive Director (Finance & Accounts) and Company Secretary of the company.

What "cessation" means

Cessation is the word used for a director leaving the Board. The change is shown to the exchanges under this category, which tells the reader that a board position has come to an end rather than a new person being brought on.

Why such changes are notified this way

This is a public sector company, where board-level appointments and exits are made through government orders. So the sequence is typically: the government issues an order, and the company then informs the stock exchanges through a formal letter signed by its company secretary. Investors see the same information that the exchanges receive.

How to read it

For a retail investor, the practical point is that this is a Board membership update. It has been communicated to the exchanges so that all investors have the same information at the same time. It is not a statement about the company's operations, production, sales or financial performance.

What an investor can take away

• A Board composition change has been intimated to both exchanges.
• The intimation is linked to a Government of India Order dated 12 October 2026.
• The update is a governance-level communication about the composition of the Board.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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