Seshagiri Rao announces retirement from JSW's board after 24-year tenure

Industry veteran Seshagiri Rao stepped down from his function as a board member, JSW introduced thru a release. The former joint Managing Director stepped down from his function after 24 years of service. Rao will retain to function the organization`s Chief Financial Officer.

Rao turned into the joint handling director and organization leader monetary officer of the corporation and has ceased to be a whole-time director of the corporation with impact from April 6, 2023, on of of entirety of his time period accredited via way of means of the corporation's shareholders, the discharge said.

"The Company locations on report its deep appreciation of the precious offerings rendered via way of means of Mr. Seshagiri Rao M.V.S at some stage in his tenure with the Company," the submitting said.

Rao started his tenure on the JSW Group in 1997 because the corporation's Chief Financial Officer. Later he turned into appointed to JSW's board on April 6, 1999.

The enterprise veteran had an lively function in JSW Group's diverse mergers and acquisitions, such as the merger of JISCO and JVSL, and acquisitions of SISCOL, Ispat, Bhushan Power & Steel, Asian Colour Coated Ispat, Vardhman Industries, amongst others, in step with a file via way of means of CNBC TV-18.