Kalyani Steels Limited has announced the resignation of its Chief Financial Officer (CFO) Bal Mukand Maheshwari, who has stepped down citing personal reasons, according to an exchange filing.
The company informed that Maheshwari submitted his resignation letter dated April 16, 2026, and will be relieved from his duties after the close of business hours on May 8, 2026.
In its disclosure, Kalyani Steels stated that the resignation is solely due to personal reasons, with no other material cause behind the decision.
Maheshwari has served the company for over a decade and, in his resignation letter, expressed gratitude towards the board and management for their continued support during his tenure. He also confirmed that he would ensure a smooth transition of responsibilities and extend full cooperation during the handover process.
The development has been disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the company has placed the resignation letter on record as part of its regulatory filing.
Kalyani Steels has not yet announced a successor for the CFO position.