Gallantt Ispat Limited announced at the board meeting held on August 20, 2014 has approved the appointment of Mr. Amit Jalary, son of Mr. Murari Nandan Jalan as a Chief Financial Officer (CFO) of the company. Mr. Amit Jalan is working with the company from May 2009 and heading accounts and finance department together with other officials. Mr. Amit Jalan is treated as Key Managerial Personnel within the meaning of Section 203 of the Companies Act, 2013.

The company also approved the expansion of capacity of various plants. The additional capacity of Sponge Iron is 1,38,600 MTPA, Steel Melt Shop is 118,800 MTPA, Rolling Mill is 118,800 MTPA and Captive Power Plant is 25 MW.