Usha Martin Limited at its board meeting held on April 8, 2019, approved the resignation of Mr. Rohit Nanda as Chief Financial Officer of the Company with effect from close of business hours on April 9, 2019. The company announced that Mr. Anirban Sanyal was appointed as Chief Financial Officer of the Company with effect from April 10, 2019. Prior to his joining Usha Martin Limited Anirban was associated with organizations of international repute such as Price Waterhouse, KPMG, World Bank, Outotec, etc.

It was noted that Mr. Basant Kumar Jhawar would not continue as Non- Executive Director beyond March 31, 2019 in view of voting results of Extra Ordinary General Meeting held on March 30, 2019. It was noted that Mr. G N Bajpai has ceased to be the Director and Chairman effective April 1, 2019.