SRU Steels Limited has officially informed the BSE regarding the resignation of Mr. Mayank Bhandari as the Executive and Managing Director of the company. This is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Mr. Bhandari resigned from his position due to preoccupation with other professional commitments. He has confirmed that there were no material reasons other than those cited in his resignation letter. The company has accepted his resignation and expressed gratitude for his contribution during his tenure.
The Board of Directors of SRU Steels has noted Mr. Bhandari’s resignation and placed on record its sincere appreciation for his valuable contributions. The Board acknowledged his role in the company’s progress and wished him success in his future endeavours.