Steel Authority of India Limited (SAIL) announced a change in its board composition. Shri Ashish Chatterjee, Additional Secretary and Financial Advisor at the Ministry of Steel, has ceased to hold the charge of Government Nominee Director. This change is effective from August 24, 2026, as per an order from the Ministry of Steel, Government of India, dated August 27, 2026.
Board Composition Update
Steel Authority of India Limited (SAIL) has formally communicated a change in its board of directors. In accordance with regulatory requirements, the company has informed stakeholders that Shri Ashish Chatterjee, who held the position of Government Nominee Director, has stepped down from his role. This change is effective from August 24, 2026.
Official Notification
The company’s disclosure specifies that the departure of Shri Chatterjee, who also serves as Additional Secretary and Financial Advisor at the Ministry of Steel, Government of India, is based on an official order issued by the Ministry of Steel. The order was dated August 27, 2026, confirming the effective date of cessation for Shri Chatterjee’s directorial responsibilities.
Source: BSE
