Kalyani Steels announced that its members, at the 53rd Annual General Meeting held on August 27, 2026, approved the re-appointment of two directors: Mr. M.U. Takale and Mr. B.N. Kalyani. Both directors are liable to retire by rotation and have had their tenures extended, ensuring continuity in leadership and governance for the company. The details of their profiles and disclosures were provided as per SEBI regulations.
Kalyani Steels Announces Director Re-appointments
Kalyani Steels Limited has confirmed the re-appointment of two key directors, Mr. M.U. Takale (DIN 01291287) and Mr. B.N. Kalyani (DIN 00089380), as directors of the company. The approvals were secured from the company’s members during the 53rd Annual General Meeting (AGM), which convened on August 27, 2026. Both directors will continue in their roles, subject to retirement by rotation, ensuring continued leadership and strategic direction.
Details of Re-appointments
Mr. M.U. Takale’s Re-appointment
The re-appointment of Mr. M.U. Takale was approved by ordinary resolution at the AGM. His tenure as a director, liable to retire by rotation, commenced effective from August 27, 2026. Mr. Takale is a Mechanical Engineer with over 40 years of experience in forging and automotive industries. He holds an MS in Industrial and Systems Engineering from Columbia University and an MBA, with extensive exposure to technological advancements in the automotive field. He has no disclosed relationships with other directors of the company.
Mr. B.N. Kalyani’s Re-appointment
Similarly, Mr. B.N. Kalyani was re-appointed as a director through a special resolution passed at the 53rd AGM, effective August 27, 2026. Mr. Kalyani brings extensive experience, having begun his career with Bharat Forge in 1972 and spearheading the Kalyani Group’s business operations. He possesses deep understanding of the steel, forging, automotive, and engineering industries. Mr. Kalyani has received numerous prestigious awards and recognitions, including the Padma Bhushan. He also holds prominent positions in various India-focused international business forums and advisory councils, including the Prime Minister’s Science Technology & Innovation Advisory Council. He is married to Mrs. Sunita B. Kalyani and is the father of Mr. Amit B. Kalyani. He is not related to any other directors of the company.
Compliance and Disclosure
The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circular. Furthermore, Kalyani Steels confirmed that neither Mr. M.U. Takale nor Mr. B.N. Kalyani have been debarred from holding the office of Director by any order from SEBI or any other authority. The details required under the regulations were provided in Annexures “A” and “B” of the disclosure.
Source: BSE
