Jindal Saw independent director tenure ends July 11
Jindal Saw Ltd independent director Ajit Kumar Hazarika ceased to be a director on July 11, 2026, after completing his second five-year term. The company disclosed this information to stock exchanges in compliance with SEBI regulations.

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Jindal Saw Ltd announced that Ajit Kumar Hazarika will cease to be an Independent Director of the company effective the close of business hours on July 11, 2026. This transition follows the completion of his second consecutive term of five years in the role. The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company confirmed that the cessation is due solely to the completion of the stipulated tenure. No further appointments or reappointments were detailed in the filing regarding this specific position. The information was submitted by Sunil K. Jain, Company Secretary, on behalf of Jindal Saw Ltd.
Details of the Change
The filing provided specific particulars regarding the director's cessation as required under the relevant regulations and the SEBI Master Circular dated January 30, 2026.
| S.No. | Particulars | Details |
|---|---|---|
| 1. | Name of Director | Mr. Ajit Kumar Hazarika (DIN: 00748918) |
| 2. | Reason for change | Completion of tenure of second term of five consecutive years as an Independent Director. |
| 3. | Date of Cessation | Close of business hours on July 11, 2026 |
| 4. | Brief profile | Not Applicable |
| 5. | Disclosure of relationships | Not Applicable |
The regulatory filing was addressed to BSE Limited and the National Stock Exchange of India Limited to ensure formal record of the board-level change.
Historical Stock Returns for Jindal SAW
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.29% | +4.91% | +15.01% | +70.84% | +19.60% | +340.36% |
Who will Jindal Saw appoint to replace Ajit Kumar Hazarika as Independent Director?
How will the change in board composition impact the company's governance strategy?
What are the potential market reactions to this leadership transition?






























