S.A.L. Steel Limited announced significant board changes following a meeting held on December 23, 2025. The board approved the appointment of Shri Mahesh Kumar Agarwal as an Additional Director, designated as Whole-Time Director and Chairperson, effective December 23, 2025. Shri Mahesh Kumar Agarwal, with over 40 years of experience in the mining and steel industry, is the father of Shri Kaustubh Agarwal. Additionally, Shri Kaustubh Agarwal has been appointed as an Additional Director, designated as Whole-Time Director, also effective December 23, 2025. He brings over 5 years of experience in the mining and steel industry and holds a degree in mining engineering. The board further appointed Shri Hiren S. Mahadevia as an Additional Director in the capacity of Non-Executive, Independent Director for a period of five years, effective December 23, 2025, subject to shareholder approval. Mr. Mahadevia is a Company Secretary with over 35 years of experience in finance and legal management. In conjunction with these appointments, the board accepted the resignation of Shri Rajendrakumar Shah, Non-Executive Director and Chairperson, effective December 23, 2025, following the acquisition by Sree Metaliks Limited. The resignation of Shri Mrinal Sinha, Whole-Time Director, was also accepted, effective December 23, 2025, due to personal reasons. The board meeting commenced at 13:15 hrs and concluded at 14:00 hrs.