Tayo Rolls Ltd. announced the transfer back of Mr. Hridayeshwar Jha to Tata Steel Limited, he will be relinquishing his post as Managing Director of the company with effect from August 10, 2013. The Board at its meeting held on August 10, 2013 has appointed Mr. K. Shankar Marar as the Managing Director of the company for a period of 3 years with effect from August 11, 2013 to August 10, 2016.