Electrosteel Castings Limited — Board Meeting, 12-12-2024: Outcome of Board Meeting

The Board of Directors has approved the remuneration packages for several executives: Mr. Umang Kejriwal and Mr. Mayank Kejriwal for a two-year term starting from April 1, 2025, and Mrs. Priya Manjari Todi, Mrs. Radha Kejriwal Agarwal, Mrs. Nityangi Kejriwal Jaiswal, and Mr. Madhav Kejriwal for terms of three to five consecutive years, effective February 14, 2025. Additionally, Mr. Ashutosh Agarwal's reappointment as Whole-time Director is set for three years starting January 3, 2025. All appointments are subject to shareholder approval, indicating a strategic focus on management continuity and governance.