Steel Strips Wheels Limited has cancelled its Non-Deal Roadshow (NDR) meetings that were previously scheduled for March 19-20, 2026. The cancellation was announced on March 18, 2026, citing exigencies as the reason for the decision.

Original Meeting Details

The company had initially planned physical one-on-one meetings with analysts and institutional investors in Mumbai, Maharashtra. The original schedule included:

Cancellation Announcement

The cancellation was communicated to both major Indian stock exchanges where the company is listed:

Regulatory Compliance

The cancellation notice was issued in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company referenced its original letter dated March 16, 2026, which had announced the scheduled meetings.

Official Communication

The cancellation was officially communicated through a digitally signed document by Kanika Sapra, Company Secretary & Compliance Officer, on March 18, 2026, at 18:44:37 +05'30'. The company emphasized that this information is being shared for the benefit of exchange members and the public at large.

The announcement follows the company's commitment to maintaining transparency and regulatory compliance in all investor communication activities.

Steel Strips Wheels Limited has announced the resignation of its Non-Executive Nominee Director, marking a significant change in its board composition. The resignation comes as a direct consequence of the director's departure from the nominating company, Tata Steel Limited.

Director Resignation Details

Sanjay Surajprakash Sahni (DIN: 08263029), who served as Non-Executive Nominee Director on the board of Steel Strips Wheels Limited, tendered his resignation effective from the close of business hours on March 18, 2026. The resignation was communicated through a formal letter dated March 18, 2026.

Reason for Resignation

The resignation stems from Sahni's departure from Tata Steel Limited, which had originally nominated him to the Steel Strips Wheels board as an equity investor representative. In his resignation letter, Sahni confirmed that his departure from Tata Steel was the sole reason for his resignation from the Steel Strips Wheels board, stating there were no other material reasons for the decision.

Regulatory Compliance and Documentation

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors considered and accepted the resignation through a Circular Resolution passed on March 18, 2026.

The disclosure package included comprehensive documentation:

• Detailed regulatory compliance information as per SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
• Formal resignation letter from Sanjay Surajprakash Sahni
• Confirmation letter from Tata Steel Limited withdrawing the nomination

Tata Steel's Confirmation

Tata Steel Limited formally confirmed the withdrawal of Sahni's nomination through a letter signed by Parvatheesam Kanchinadham, Company Secretary and Chief Legal Officer. The letter, referenced as SEC/2119/2025-26, explicitly stated that the withdrawal was consequent upon Sahni's resignation from Tata Steel.

Corporate Governance Impact

The resignation represents a routine corporate governance matter arising from personnel changes at the nominating company. Steel Strips Wheels Limited has maintained transparency by providing complete documentation and ensuring compliance with all regulatory requirements for board composition changes.