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

Rajasthan Tube Manufacturing Company Limited has announced a board meeting on which it accepted the resignation of four directors, including the Managing Director Harish Chand Jain, and its CFO Pradeep Jain, all effective immediately. The company’s management structure has changed with new directors Prashant Sharma, Chanchal, Pankaj Jain, and Mahendra Kumar Modi assuming control. The board approved a Memorandum of Understanding for the change in management control and reconstituted key committees, appointing Mahendra Kumar Modi as Audit Committee chairman, Chanchal as Nomination and Remuneration Committee chairperson, and Prashant Sharma as Stakeholders Relationship Committee chairman.