Visa Chrome Limited appointed Anutosh Maitra as an Additional Director (Non-Executive and Independent) on September 29, 2026. The appointment is subject to shareholder approval and marks a strategic addition to the board's governance structure.

The Board of Directors approved the appointment via a circular resolution, acting on the recommendation of the Nomination and Remuneration Committee. This move aligns with the company's efforts to strengthen its leadership team with seasoned industry expertise.

Director profile and experience

Anutosh Maitra holds a B.Tech in Metallurgy from REC (now NIT), Rourkela. He possesses more than 44 years of experience in the steel sector, primarily serving Steel Authority of India Limited (SAIL) for 37 years. His tenure at SAIL included senior leadership roles such as Executive Director in the Chairman's Secretariat, New Delhi, and Chief Executive Officer of Bokaro Steel Plant.

Post his retirement from SAIL, Maitra associated with Primetals India and Metalist Consultants Pvt. Ltd. His professional background encompasses integrated steel plant operations, production enhancement, strategic planning, cost optimisation, CAPEX strategies, and risk management.

Appointment details

The appointment is effective for a term of three consecutive years, commencing from September 29, 2026, and ending on September 28, 2029. Maitra is not related to any other director of the company and is not debarred from holding the office of director by any regulatory authority.

Governance implications

The inclusion of a director with extensive operational experience in major steel plants signals a focus on leveraging deep technical knowledge for strategic oversight. The board composition now benefits from direct insights into production efficiency and capital expenditure management, areas critical for steel manufacturers.

Visa Chrome Limited has scheduled its 30th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be conducted through video conferencing or other audio-visual means starting at 12:00 pm IST.

The company issued a notice to shareholders whose email addresses are not registered with the Registrar and Share Transfer Agent (RTA), KFin Technologies Limited. In compliance with Regulation 36(1)(b) of the SEBI Listing Regulations, these shareholders were provided with a weblink to access the Annual Report for FY26.

Meeting and Voting Details

Shareholders eligible to vote must have their holdings recorded as of the cut-off date. The remote e-voting window opens three days before the meeting.

Members attending the AGM who have not cast their votes during the remote e-voting period may vote on resolutions during the meeting. Results will be declared within two working days of the meeting's conclusion.

Regulatory Compliance

The company confirmed that electronic copies of the AGM notice and the Annual Report for FY26 were sent via email to all shareholders with registered email addresses. This aligns with Regulation 36(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Physical security holders are mandated to furnish their PAN, nomination, contact details, bank account details, and specimen signature to complete mandatory KYC. Payments including dividends will be made only through electronic mode for such folios.