The Board of Directors of Jindal Stainless (Hisar) Limited at its meeting held on April 26, 2018, on the recommendations of the Nomination and Remuneration Committee of Directors, approved the appointment of Mr. Abhyuday Jindal as Managing Director, effective from April 26, 2018. Mr. Abhyuday Jindal was earlier on the Board of Directors in the capacity of Non-Executive Vice Chairman of the company. The company also approved the appointment of Mr. Jagmohan Sood as the Whole Time Director effective from May 15, 2018 and resignation of Mr. Ashol Kumar Gupta, Whole Time Director and Manager of the company who has tendered his resignation with effect from May 15, 2018.

Mr. Jagmohan Sood is currently working with Jindal Stainless (Hisar) Ltd. as Chief Operating Officer in Hisar plant. The Board also took note of the resignation of Mr. Ankur Agrawal as the Chief Financial Officer of the company with effect from April 27, 2018.