Chase Bright Steel Ltd accepted the resignation of Smt. Nidhi Kothari as its Company Secretary and Compliance Officer effective August 31, 2026. The company attributed her departure to personal reasons.

The Board of Directors relieved Kothari from her responsibilities following her resignation tendered earlier in August. The firm confirmed it will appoint a successor shortly and intimate the stock exchanges accordingly.

Regulatory Disclosure

The company filed the intimation with the Bombay Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. The filing details the cessation date and reason for the change in key managerial personnel.

Managing Director Avinash Jajodia signed the communication on behalf of the company. The intimation was also uploaded to the company's website for public record.

Chase Bright Steel Limited has reappointed Mr. Avinash Jajodia as Managing Director for a period of three years, effective from June 12, 2026, to June 11, 2029. The decision was taken by the Board during its meeting held on May 29, 2026, ensuring continuity in leadership as the company moves forward.

Mr. Avinash Jajodia, who holds DIN 00074886, was reappointed as a Director liable to retire by rotation and has been designated as the Chairman and Managing Director. He is not related to any of the other Directors of the Company. The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Jajodia brings over 20 years of experience with the company. He began his career as a business executive before progressing to the roles of Executive Director, Managing Director, and subsequently Chairman & Managing Director. An MBA graduate from Manchester University in the UK, he has been credited with rehabilitating the company and executing a successful turnaround.

Reappointment Details