Business Standard

JSW Steel elevates Jayant Acharya as Joint MD, CEO with immediate effect

The company also announced the appointment of Gajraj Singh Rathore as additional director and whole-time director designated as Chief Operating Officer

The reliefs and concessions sought by JSW were part of the committee of creditors approved resolution plan

Press Trust of India New Delhi

Listen to This Article

JSW Steel on Friday said Jayant Acharya has been elevated to the post of Joint Managing Director and Chief Executive Officer of the company with immediate effect.
Until now, Acharya was heading the post of Deputy Managing Director at the company, JSW Steel said in a statement.
"Based on the recommendations of the nomination and remuneration committee and the change in the role of Jayant Acharya, the board of directors has elevated and re-designated Jayant Acharya as the Jt. MD & CEO of the company w.e.f May 19, 2023, from his current position as Dy MD," it said.
The company also announced the appointment of Gajraj Singh Rathore as additional director and whole-time director designated as Chief Operating Officer.
"The Board has after taking into account the recommendations of the Nomination & Remuneration Committee, inducted Gajraj Singh Rathore as an Additional Director on the Board of Directors of the Company w.e.f May 19, 2023," it said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 19 2023 | 8:25 PM IST

Explore News