NMDC Steel Limited — Others, 01-02-2025: Change in Director(s)

Shri Sanjeet has ceased to serve as the Government Director on the Board of NMDC Steel Limited, effective January 17, 2025. This decision follows an Office Memorandum from the Ministry of Steel. The Board will now reflect this change in its updated list of directors.

The exit of a government nominee may affect the company's governance dynamics, as well as shift the balance of decision-making on the Board. Investors should monitor any strategic shifts or potential impacts on operations that may arise from this change, which could offer both risks and opportunities moving forward.