Steelco Gujarat500399Routine director change
Vice President - Operations tenders resignation, relieved from close of business on 23 October 2026
Senior management change at Steelco Gujarat Ltd.
By ScoutQuest · · 2 min read
- Resignation
- Mr. Ravikant Pandey, Vice President - Operations, has tendered his resignation
- Reason stated
- unavoidable personal circumstances
- Relief from duties
- close of business hours on Friday, 23rd October 2026
What the company informed the exchanges
- Mr. Ravikant Pandey has tendered his resignation as Vice President - Operations of Steelco Gujarat Ltd.
- The reason given is unavoidable personal circumstances.
- He shall be relieved from his duties from the close of business hours on Friday, 23rd October 2026.
- The company places on record its sincere appreciation for the contribution made by him during his tenure as Vice President - Operations.
How the intimation was made
- The letter to the exchanges is dated 23rd October 2026 and is marked to the Corporate Relationship Department of BSE Ltd., where the company's scrip code is 500399.
- It is made under Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The annexure to the letter gives the reason for the change as the resignation of Mr. Ravikant Pandey as Vice President - Operations, with cessation from the close of business hours on Friday, October 23, 2026.
What the resignation letter says
- The letter, dated 23rd October 2026, states that due to some unavoidable circumstances the person is not able to continue duties with Steelco Gujarat Limited from that day onwards.
- It refers to a discussion held the previous day and says the laptop will be submitted to the HR department by that evening.
- It requests that dues be cleared as soon as possible.
- The letter carries an acknowledgement of receipt dated 23rd October 2026 along with the company's stamp.
How a retail investor can read this
- A Vice President - Operations is part of the senior managerial team, so this is a change in management that is disclosed to the exchanges as a matter of course.
- The stated reason is personal, and the relief from duties takes effect the same day the letter is dated.
- The company's own note records appreciation of his contribution during his tenure in that role.
Also from Steelco Gujarat
Rajesh Kapadia completes tenure as Independent Director; ceases from board committees
13 Oct 2026
Shareholders Approve New Statutory Auditors and Independent Director at 36th AGM
28 Sep 2026
Source: BSE · 23 Oct 2026
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