Bihar Sponge Iron Ltd — Important, 09-10-2025: Company Update

Bihar Sponge Iron Limited reported a change in its senior management. Mr. Neeraj Kumar Bansal, who served as the General Manager – Purchase, has ceased his services with the company, effective October 1, 2025. Consequently, he will no longer be considered a Senior Management Personnel. The company stated that Mr. Bansal has moved on, having taken a transfer to another company. This development impacts a key leadership role within the company's procurement operations, a critical function for its business.