Steel Authority of India Appointment (06 Oct 2026)

STEEL AUTHORITY OF INDIA LIMITED NEW DELHI Terms and Conditions of Appointment of Independent Directors on the Board of Steel Authority of India Limited (SAIL) The Independent (Part - time Non - official) Directors on the Board of SAIL are appointed by the Board of Directors as Additional Directors based on nomination by the Government of India, Ministry of Steel. The appointment of the Independent Directors of the Company is subject to confirmation by shareholders in the next Annual General Meeting of t he Company and the extant provisions of applicable laws including (i) Companies Act, 2013; (ii) S ecurities and E xchange B oard of I ndia ( L isting O bligations and D isclosure R equirements) R egulations, 2015 (as amended from time to time) and (iii) Articles of Association of the Company, and is for a period of three years or till furt her orders , whichever is earlier. They are not liable to retire by rotation.

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