Steel Authority of India Limited (SAIL) — Announcement

📢 Key Event
SAIL's CMD Shri Amarendu Prakash resigned effective 1st April 2026; interim charge assigned to Director (Personnel).

🔄 What Changed
CMD position vacated after 34 years of tenure; interim leadership under Krishna Kumar Singh for maximum 3 months.

🔮 What's Next
Regular CMD appointment expected by 1st July 2026.

💡 Investor Takeaway
Leadership continuity risk exists during interim management; permanent CMD appointment critical for sustained operations and strategic direction.

SAIL's Chairman and Managing Director Shri Amarendu Prakash resigned effective 1st April 2026, following a submission dated 2nd January 2026 after 34 years of service. The Government of India approved his resignation, and Director (Personnel) Krishna Kumar Singh was given additional charge for 3 months (2nd April–1st July 2026) pending permanent appointment. This leadership transition aligns with SEBI disclosure requirements.

📄 View Original Announcement (PDF)

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