National Aluminium Company Limited (NALCO) has formally notified stock exchanges that three of its Independent Directors will be stepping down upon the completion of their tenure effective March 31, 2026. The directors departing are Ms. Trupti Kamlesh Patel, Dr. Ajay Narang, and Shri Patel Sanjaykumar. This regulatory disclosure ensures transparency regarding changes in the company’s board composition as per corporate governance guidelines.
Board Composition Update Announced
National Aluminium Company Limited (NALCO) issued a formal disclosure concerning changes in its Board of Directors. This communication serves to inform stakeholders that several Independent Directors will cease their association with the company due to the conclusion of their mandated term.
Effective Date of Cessation
The cessation of tenure for the concerned directors is effective from the close of business on March 31, 2026. This action aligns with the terms outlined for Independent Directors serving on the Board.
Departing Independent Directors
The following three individuals will be stepping down from their roles as Independent Directors:
- Ms. Trupti Kamlesh Patel
- Dr. Ajay Narang
- Shri Patel Sanjaykumar
The company acknowledged the contribution of the departing members and provided this information for the information and record of the stock exchanges.
Source: BSE
