Rajasthan Tube Manufacturing Company Ltd — Updates, 28-06-2025: Company Update

Rajasthan Tube Manufacturing Company Limited has announced a change in its management team. Four directors, including the Managing Director Harish Chand Jain and Director Rajshree Jain, have resigned. The CFO Pradeep Jain also resigned. The outgoing management has been replaced by incoming directors Prashant Sharma, Chanchal, Pankaj Jain, and Mahendra Kumar Modi. The board approved a Memorandum of Understanding to formalize this change in control and reconstituted key committees with the new management taking charge. This reshuffle signals a significant shift in the company's leadership and governance.