The board of directors of Electrosteel Steels Limited appointed Mr. Pradeep Kumar Misra as an additional independent director with effect from 29 September 2016, to hold the office upto the date of ensuring annual general meeting of the company. Mr. Misra has also been appointed as chairman of the board with effect from 29 September 2016. Ms. Rishu Kumari, independent director, due to personal grounds has tender her resignation as director of the company, with effect from the closure of the board meeting. The resignation of Ms. Rishu Kumari has been noted by the board in its meeting held on 29 September 2016.