Jayaswal Neco Industries Limited announced that at the board meeting held on November 24, 2023, the company approved the Shri. Basant Lall Shaw stepped down from the position of Chairman & Non-Executive Director of the Company with effect from 24 November, 2023 (close of business hours) and the Board noted the same. Approved the appointment of Shri.

Basant Lall Shaw to the honorary position of 'Chairman Emeritus' with effect from 25" November, 2023.