Balasore Alloys Limited announced at its Board meeting held on April 02, 2021, the board announced that Managing Director, Mr. Anil Kumar Sureka is expiring on April 16, 2021 and further approved and accepted the resignation of the Mr. Anil Kumar Surekha from the Board, with effect from April 17, 2021. The company announced at its Board meeting held on April 02, 2021, the board approved the appointment of Mr. Akula Nagendra Kumar as the Joint Managing Director of the Company effective 2 April, 2021. Mr. Akula Nagendra Kumar has 34 Years of professional experience in Plant Operations including Production Operations, Commercial, Supply Chain Management, mining, legal, Quality, Maintenance, P&l Management, Resource Management and Project Management. He has exposure in Greenfield Projects, Corex, Blast Furnace Projects, Coke Oven, CDQ, Sinter Plant, Pellet Plant, Steel Melting Shop, Beneficiation Plant, DRI and Power Plant. Statutory and Regulatory Requirements.