Kalyani Steels Limited has announced the resignation of its Chief Financial Officer, Mr. Bal Mukand Maheshwari, effective from the close of business hours on May 8, 2026. Mr. Maheshwari, who has served the company for 13 years, is stepping down due to personal reasons. The company has officially acknowledged his departure and the upcoming transition of his responsibilities.
Leadership Transition at Kalyani Steels
Kalyani Steels Limited has formally disclosed the upcoming departure of its Chief Financial Officer, Mr. Bal Mukand Maheshwari. The resignation was communicated to the company on April 16, 2026. According to the official notice, Mr. Maheshwari will be relieved of his duties following the close of business hours on Friday, May 8, 2026.
Thirteen Years of Service
Reflecting on his tenure, Mr. Maheshwari expressed his pride in contributing to the company’s growth journey over the past 13 years. In his resignation letter, he extended his gratitude to the Board of Directors and the management team for their continued guidance and support during his long-standing service as the Chief Financial Officer and Key Managerial Personnel.
Handover Process
To ensure continuity in operations, Mr. Maheshwari has committed to a smooth transition of his responsibilities. He has pledged his full cooperation during the handover process to ensure that all financial duties are transferred effectively before his final day on May 8, 2026. The company has confirmed there are no other material reasons for the resignation other than those cited by Mr. Maheshwari regarding personal matters.
Source: BSE
