Tata Steel adds Aman Mehta and Deepak Kapoor to its Board as Independent Directors

– INDIA, Mumbai – Tata Steel Limited (LSE:TTST) ‘s Board of Directors today, based on the recommendations of the Nomination and Remuneration Committee, unanimously approved the following:

  • Appointment of Mr. Aman Mehta as an additional Independent Director of the Company as well as member of the Audit Committee effective today i.e. March 29, 2017.
  • Appointment of Mr. Deepak Kapoor as an additional Independent Director of the Company effective April 1, 2017.

The Board of Directors also took on record the retirement of Mr. Subodh Bhargava as an Independent Member of the Board. The retirement is effective today, i.e., March 29, 2017 and is in accordance with the retirement policy applicable to the Members of the Board. Mr. Bhargava is also the Chairman of the Audit Committee.

Consequent to the retirement of Mr. Bhargava, the Board appointed Mr. O. P. Bhatt, Independent Director, as the Chairman of the Audit Committee. The appointment is effective March 30, 2017.

For more information : http://www.tatasteel.com

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