Scan Steels Ltd — Updates, 11-08-2025: Company Update

Scan Steels Limited has announced the resignations of three Independent Directors: Mr. Gagan Jalan, Mr. Punit Kedia, and Mrs. Konika Poddar. Their departures are effective from the close of business on August 8, 2025. The directors cited personal reasons and other professional commitments for their decision, confirming there are no other material reasons. This significant change impacts the company's board composition and oversight, which is key for corporate governance and investor confidence. The company expressed appreciation for their contributions during their tenure.