Electrosteel Castings Limited’s Board of Directors, in its meeting on November 13, 2026, approved the Unaudited Consolidated and Standalone Financial Results for the quarter and half year ended September 30, 2026. The board also noted the cessation of Mr. Amrendra Prasad Verma as an Independent Director and approved the re-appointment of Mr. Umang Kejriwal as Managing Director and Mr. Mayank Kejriwal as Joint Managing Director for five-year terms commencing April 1, 2027.
Financial Results Approved
Electrosteel Castings Limited announced that its Board of Directors, during a meeting held on November 13, 2026, has approved the Unaudited Consolidated and Standalone Financial Results for the quarter and half-year ended September 30, 2026. The company has enclosed these results along with the Limited Review Reports from its Statutory Auditors.
Leadership Appointments
The Board also noted the completion of the second and final term of Mr. Amrendra Prasad Verma as an Independent Director, leading to his cessation of directorship effective December 21, 2026. In significant leadership decisions, the Board approved the re-appointment of Mr. Umang Kejriwal (DIN: 00065173) as the Managing Director for a term of five consecutive years starting April 1, 2027. Concurrently, Mr. Mayank Kejriwal (DIN: 00065980) was re-appointed as the Joint Managing Director for a similar five-year term commencing April 1, 2027. Both re-appointments are subject to shareholder approval, with remuneration approved for a three-year period.
Director Relationships
Details regarding the relationships between directors were provided. Mr. Amrendra Prasad Verma is not related to any other directors. Mr. Umang Kejriwal is the brother of Mr. Mayank Kejriwal and father to Mrs. Radha Kejriwal Agarwal, Mrs. Nityangi Kejriwal Jaiswal, and Mr. Madhav Kejriwal, all Whole-time Directors. Mr. Mayank Kejriwal is the brother of Mr. Umang Kejriwal and father to Mr. Uddhav Kejriwal Agarwal and Mrs. Priya Manjari Todi, also Whole-time Directors.
Meeting Details
The meeting commenced at 1130 Hours and concluded at 1500 Hours.
Source: BSE
