Shareholders Approve Appointment of Varun Manojkumar Jain as Non-Executive Director
Members at the 34th AGM held on 28th September, 2026 approved the appointment of Mr. Varun Manojkumar Jain as a Non-Executive Director.
- AGM Date
- 28th September, 2026
- Appointee Name
- Mr. Varun Manojkumar Jain
- Position
- Non-Executive Director
- Experience
- More than 15 years of experience in the steel industry
- Qualifications
- B.Com, MBA, CA Intermediate
What happened
The Members of the Company, at the 34th Annual General Meeting held on 28th September, 2026, approved the appointment of Mr. Varun Manojkumar Jain as a Non-Executive Director, with effect from 28th September, 2026.
About the appointee
- Holds a Bachelor of Commerce (B.Com.) and an MBA, and has completed CA Intermediate.
- Has more than 15 years of experience in the steel industry, with exposure to business operations, management, strategic planning and administration.
Board relationships
He is the son of Mr. Manojkumar Jain, Managing Director, and Mrs. Sangeeta Jain, Whole-Time Director of the Company. This is disclosed as a relationship between directors on the board.
Other positions
- Managing Director of VMS TMT Limited.
- Non-Executive Director of Aditya Ultra Steel Limited.
Other confirmations
The Company confirmed that he is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other regulatory or statutory authority. The appointment is made in accordance with the Companies Act, 2013 and the Articles of Association.
How to read it
This is a board composition change intimated under Regulation 30. A non-executive director does not handle day-to-day operations. Investors may note the family linkage with the existing executive leadership and his continuing roles in other steel-sector companies.
Also from VMS Industries
Proceedings of 34th AGM: no dividend, related party limits of Rs. 100 crore each placed for approval
28 Sep 2026
More numbers
- Experience in steel industrymore than 15 years
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