Riddhi Steel and Tube Limited Overhauls Board Committees Amid Director Resignations
Riddhi Steel & Tube has announced significant changes to its board and key committees. Two independent directors, Mr. Kirankumar Mushaddilal Agarwal and Mr. Saurin Shailesh Shah, have resigned effective August 6, 2025. The company has restructured its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee in response. Mr. Bhavinkumar Rajeshkumar Magnani will chair the Audit and Nomination committees, while Mr. Vikas Vijay Meena will lead the Stakeholders Relationship Committee. The changes aim to ensure effective governance and comply with regulatory requirements.