Jindal Saw Ltd. announced that the Board of Directors of the company at its meeting held on October 31, 2013, Savitri Jindal, Director and Chairperson of the company tendered her resignation as Director on the Board of Directors and Chairperson of the company to be made effective from October 28, 2013. The Board of Directors in its meeting took note of her resignation. The Board has conferred upon her the title of 'Chairperson Emeritus' with effect from October 28, 2013 and she will continue to provide her guidance and direction on future endeavors of the company.

Consequent upon the aforesaid resignation of Savitri Jindal from the Board of Directors and Chairpersonship of the company, the Board of Directors in its meeting has elected Mr. Prithvi Raj Jindal, Vice Chairman as chairman of the company with effect from October 31, 2013.