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Rajasthan Tube Manufacturing Company Limited has announced a board meeting on which it accepted the resignations of Managing Director Harish Chand Jain, Directors Rajshree Jain, Chandra Prakash Khunteta, Anuj Jain, and Chief Financial Officer Pradeep Jain, all effective immediately. The management structure has changed with Prashant Sharma, Chanchal, Pankaj Jain, and Mahendra Kumar Modi taking key directorship roles. The board approved an MoU for change in control, authorized Harish Chand Jain for certain financial and GST-related formalities, and reconstituted key committees with Mahendra Kumar Modi and others assuming chairmanship and membership roles, signaling a significant leadership transition impacting the company’s governance and future direction.
All announcements from Rajasthan Tube Manufacturing Company Ltd