OCL Iron and Steel Limited announced in the management control. The company announced that Pursuant to the resolution plan, the RA has proposed the appointment of the following persons, to act as directors of the Company with effect from the Implementation Date i.e. 04th May, 2023 (hereinafter collectively referred to as "Reconstituted Board" or "Board of Directors") namely; Mr. Ramesh Hamirwasia, Mr. Deep Chand Lamba and Mr. Suraj Singh
Accordingly, the Monitoring Committee has approved the appointment of abovementioned individuals as the directors of the Company with effect from 04th May, 2023 to hold office up to the conclusion of the next Annual General Meeting of the Company. In accordance with the provisions of the Approved Resolution Plan, the following individual(s) being the suspended director(s) of the Company shall be deemed to have vacated with immediate effect simultaneously with the appointment of the abovenamed directors: Sanjay Tiku, Nilesh Bahri, Bhawani Prasad Mishra and Sanjeev Agraj.