Sunflag Iron & Steel Co. Ltd. announced the cessation of Mr. Anand Sadashiv Kapre as a Non-executive, Independent Director. This departure, effective from the end of the day on September 20, 2026, is attributed to the completion of his fixed second term of three consecutive years. The company has provided the requisite details as per SEBI regulations.
Director Cessation Announced
Sunflag Iron & Steel Co. Ltd. has formally disclosed the cessation of Mr. Anand Sadashiv Kapre from his position as a Non-executive, Independent Director. This change became effective at the close of business on September 20, 2026. The company cited the completion of Mr. Kapre’s fixed second term, which spanned three consecutive years, as the reason for his departure.
Regulatory Compliance
In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has submitted the necessary information regarding this director’s cessation. The details, including the brief profile and any relationships between directors, are provided as per the regulatory requirements and SEBI circulars. The cessation is a standard outcome following the expiry of the director’s tenure.
Source: BSE
