Rathi Steel & Power Limited (RSPL) has received a significant operational boost as it secures permission to resume commercial operations at its Steel Melting Shop in Ghaziabad, Uttar Pradesh. This development comes as a result of an order from the Commission of Air Quality Management in National Capital Region and Adjoining Areas, dated November 12, 2025.

Key Details of the Approval

The approval for resumption of operations comes with specific conditions that the company must adhere to within a stipulated timeframe. The Steel Melting Shop, established for the production of M.S. and S.S. Billets, is located at C-4, South of G.T. Road, Industrial Area, Ghaziabad (U.P.) 201009.

Regulatory Compliance and Disclosure

In line with regulatory requirements, RSPL has made the following disclosures:

Impact and Outlook

The resumption of operations at the Steel Melting Shop is expected to have a positive impact on RSPL's production capabilities. However, the company will need to ensure strict compliance with the conditions set forth by the Commission of Air Quality Management to maintain operational continuity.

This development underscores the importance of regulatory compliance in the steel industry, particularly in regions where air quality management is a critical concern. As RSPL moves forward with the reopening of its Steel Melting Shop, stakeholders will likely be watching closely to see how the company balances operational efficiency with environmental responsibilities.

Investors and industry observers may want to monitor RSPL's future disclosures for updates on the implementation of the required conditions and any potential impact on the company's production and financial performance.

Rathi Steel & Power Limited (RSPL) has announced a significant change in its leadership team with the appointment of Pawan Kumar as the new Chief Financial Officer (CFO) and Key Managerial Personnel, effective November 3, 2025. This appointment comes following the resignation of the previous CFO, Rajeev Kumar.

Appointment Details

The decision to appoint Kumar was made by RSPL's Board of Directors during a meeting held on November 3, 2025. The appointment was based on recommendations from both the Audit Committee and the Nomination and Remuneration Committee, adhering to corporate governance best practices.

About Pawan Kumar

Pawan Kumar brings a wealth of experience to his new role at RSPL:

Kumar's diverse experience across multiple companies and his long-standing association with RSPL since 2017 position him well for this critical role within the company's financial leadership.

Corporate Disclosure

In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, RSPL has made the necessary disclosures to the BSE Limited. The company's board meeting, where this decision was made, commenced at 5:00 p.m. and concluded at 5:55 p.m. on the appointment day.

This appointment marks a new chapter in RSPL's financial management, with Kumar's extensive experience expected to contribute to the company's financial strategies and operations going forward.