+
Naveen Jindal to continue as non-executive director
ECONOMY & POLICY

Naveen Jindal to continue as non-executive director

Jindal Steel and Power made a significant announcement on Monday, revealing that its Chairman, Naveen Jindal, will undergo a re-designation as a non-executive director starting from October 1, 2023. According to a filing submitted to the BSE (Bombay Stock Exchange), Naveen Jindal's tenure as Executive Director, previously designated as Chairman, is set to conclude on September 30, 2023.

The filing stated, "Naveen Jindal has chosen to continue on the Board in the capacity of Non-Executive Chairman, with effect from October 1, 2023. Accordingly, Naveen Jindal will be re-designated as a Non-Executive Director of the Board, with effect from October 1, 2023."

In his new role as a non-executive director, Naveen Jindal will not receive remuneration from the company, except for sitting fees when attending board meetings and committee meetings. The filing also noted that he will persist in guiding the company toward realizing its vision of becoming a thriving enterprise committed to nation-building, value creation, and sustainable development.

Jindal Steel and Power made a significant announcement on Monday, revealing that its Chairman, Naveen Jindal, will undergo a re-designation as a non-executive director starting from October 1, 2023. According to a filing submitted to the BSE (Bombay Stock Exchange), Naveen Jindal's tenure as Executive Director, previously designated as Chairman, is set to conclude on September 30, 2023.The filing stated, Naveen Jindal has chosen to continue on the Board in the capacity of Non-Executive Chairman, with effect from October 1, 2023. Accordingly, Naveen Jindal will be re-designated as a Non-Executive Director of the Board, with effect from October 1, 2023.In his new role as a non-executive director, Naveen Jindal will not receive remuneration from the company, except for sitting fees when attending board meetings and committee meetings. The filing also noted that he will persist in guiding the company toward realizing its vision of becoming a thriving enterprise committed to nation-building, value creation, and sustainable development.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code