General Announcement::Change in Companys Directorate

Issuer & Securities

Issuer/ Manager
JSW STEEL LIMITED
Securities
JSWSTEELUS$500M4.75%N191112 - XS1133588233 - 20PB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
17-Aug-2015 19:29:29
Status
New
Announcement Sub Title
Change in Companys Directorate
Announcement Reference
SG150817OTHR6UZ1
Submitted By (Co./ Ind. Name)
Lancy Varghese
Designation
Company Secretary
Effective Date and Time of the event
29/07/2015 15:00:00
Description (Please provide a detailed description of the event in the box below)
a) Completion of term of two Independent Directors

Dr. S. K. Gupta and Mr. Sudipto Sarkar, Independent Directors have ceased to be on the Board upon completion of their term as Independent Directors, on 28th July, 2015.

b) Appointment of Mr. Malay Mukherjee as an Independent Director

Mr. Malay Mukherjee holds a Master's degree in mining from the USSR State Commission in Moscow and a Bachelor of Science degree from the Indian Institute of Technology in Kharagpur, India and has over 40 years of experience in a range of technical, commercial and managerial roles in the mining and steel industry. He has held key positions such as CEO of Essar Steel Global, member of the Board of Directors at Arcelor Mittal, Senior Executive Vice President at Arcelor Mittal and a Member of the Group Management Board. He was in charge of mines and operations in Africa, Asia, southern Europe (Bosnia, Macedonia), CIS, Ukraine, Kazakhstan, and also responsible for Stainless Steel, Pipes and Tubes and Technology. He has also served as the COO for Mittal Steel Company and as President and Chief Operating Officer of Ispat International (now part of Arcelor Mittal), Executive Director for Mexico, Managing Director (Mexico), Managing Director Ispat Kazakhstan, CEO of Ispat Europe (Luxembourg), the COO of Ispat International (London) and as Executive Director of Works at the Bhilai Steel Plant at Steel Authority of India Limited.

Mr. Mukherjee is a recipient of the MECON Award from the Indian Institute of Metals. Mr.Malay Mukherjee is also a Member of Academy of Natural Sciences Kazakhstan and Life Member in the Indian Institute of Metals.

He was awarded letter of appreciation from the President of Kazakhstan for work rendered in Kazakhstan from 1995 to 1999.