Steel City Securities Limited — Others, 30-01-2025: Shareholders meeting
30-01-2025 | 06:59 pm
30-01-2025 | 06:59 pm
Steel City Securities Limited has announced a board meeting to seek shareholder approval for the regularization of Sri. Ch. Murali Krishna as an Independent Director for a period of 5 years. The board also approved significant remuneration increases for key executives: Rs. 54 lakh annually for Executive Chairman Sri. K. Satyanarayana and Managing Director & CEO Sri. Satish Kumar Arya, effective April 1, 2025. Additionally, Director (IT) Sri. T. V. Srikanth’s remuneration is set to rise to Rs. 34.8 lakh per annum from the same date. These changes aim to strengthen governance and align compensation with the company's growth trajectory, potentially boosting investor confidence.
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