Mukand Limited, a renowned name in the steel and manufacturing sector, has recently made a significant announcement regarding a change in its senior management. According to the Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the company disclosed that Shri Shriram V Panse will cease to be the Chief Executive Officer (CEO) of Kalwe Steel Plant due to his retirement, effective from the close of business hours on December 31, 2024. Shri Neeraj Kant has been appointed as the new CEO of the Kalwe Steel Plant, starting from January 1, 2025.

This transition marks an important leadership change at one of Mukand Limited's key plants, which plays a pivotal role in the company's overall operations. The retirement of Shri Panse comes after a long and distinguished tenure, while Neeraj Kant brings with him a wealth of experience in the steel industry, poised to lead Kalwe Steel Plant into its next phase of growth.

About Neeraj Kant: A Leader with Vast Industry Experience

Neeraj Kant is a highly accomplished leader with a career spanning 37 years in the steel and steel derivative industries. He has held several prestigious positions throughout his career, including serving as CEO of Welspun Corp Limited and Managing Director of The Indian Steel and Wire Products Limited, a subsidiary of Tata Steel Limited. He has also held the position of Marketing Chief at Steel Authority of India Limited (SAIL).

Shri Kant’s impressive credentials extend beyond his corporate roles. He has contributed significantly to industry bodies, such as being the Chairman of the CII Jharkhand State Council and an Executive Member of the National Committee of CII. Additionally, he has been involved in leading key strategic initiatives, including overseeing the takeover of Incab Industries Limited during his time at Tata Steel.

Educational Background and Personal Interests

Shri Neeraj Kant is a B.Tech graduate in Chemical Engineering from IIT Kanpur and holds an MBA from Edinburgh University Management School. His educational foundation, combined with his vast professional experience, positions him well to take on the challenges of leading Kalwe Steel Plant.

Outside of work, Neeraj Kant enjoys staying active, with personal interests in running, music, fitness, and traveling, making him a well-rounded individual with a deep passion for both personal and professional growth.

Conclusion: A Smooth Transition in Leadership

The leadership change at Mukand Limited is an exciting new chapter for the company. Neeraj Kant’s appointment as CEO of Kalwe Steel Plant is expected to bring fresh perspectives and continued growth to the plant. His rich background in the steel industry will undoubtedly help Mukand Limited maintain its competitive edge in the market.

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