Beekay Steel Industries Limited informed that the Board of Directors of the Company at its meeting held on 13 February, 2023 has approved the appointment of Mr. Pranab Kumar Chakrabarty (DIN-07924042) as an Independent Director (Additional Director) of the Company for a period of 2 (Two) years with immediate effect, subject To Approve the members in the ensuing General Meeting by Postal Ballot and next Annual General Meeting of the Company and in accordance to the verification made by the Company and its Nomination Committee, the aforesaid Director is not debarred from holding of office of Directors pursuant to any order of Securities Exchange Board of India. Mr. Chakrabarty is a Fellow Member of the Institute of Cost Accountants of India (ICMAI) and a Commerce Graduate. He has an experience of more than thirty years in the field of Costing & Financial services.

He is a Practising Cost Accountant and Practiced as a Registered Valuer also. He specialises in the fields of Cost Accounting and Cost Audit. Further, Mr. Chakrabarty has obtained certification of Equity Valuation including preference shares, debentures, merger and acquisition including swap ratio under the Companies Act, 2013 and also under the FEMA Act.