Inducto Steel Ltd — Important, 05-09-2025: Company Update

Inducto Steel's Board has approved the reappointment of Mr. Rajeev Reniwal as Managing Director for a five-year term, effective October 1, 2025. This reappointment, pending shareholder approval, ensures leadership continuity. Mr. Reniwal brings over 32 years of experience in business administration, finance, management, and sales, having significantly contributed to the company’s operations. His continued role is vital for guiding the company's strategic direction and day-to-day management, offering stability to stakeholders.