Kalyani Steels has announced the departure of Mr. Shrikrishna K. Adivarekar, an Independent Director on the company’s Board. Mr. Adivarekar completed his second term of office on May 17, 2026. Consequently, he ceased to be a director of the company effective May 18, 2026. His re-appointment for this term had been previously approved by shareholders during the company’s Forty-Ninth Annual General Meeting in August 2022.
Board Composition Update
Kalyani Steels has officially confirmed the transition in its leadership following the natural conclusion of a director’s tenure. Mr. Shrikrishna K. Adivarekar, who served as an Independent Director, has stepped down from his position. His departure comes as he successfully fulfilled his second consecutive term of service with the company.
Tenure Completion Details
The tenure of Mr. Adivarekar officially concluded on May 17, 2026. This follows the mandate established during the company’s Forty-Ninth Annual General Meeting held on August 1, 2022, where members approved his service for a 3-year term beginning on May 18, 2023. As of May 18, 2026, he is no longer associated with the Board of Directors of Kalyani Steels.
Source: BSE
