The Board of Directors of Rathi Bars Limited has appointed Mr. Rajendra Prasad as the Independent Non-Executive Directors on the Board with effect from May 08, 2023. Date of appointment & term of appointment: May 08, 2023, Appointed as an Independent Non-Executive Director (as an Additional Director) on the Board for an initial period of 5 years. Mr. Rajendra Prasad has a rich experience of more than 25 years in the field of consultancy in steel and iron industry.

Mr. Rajendra Prasad has a Bachelor of Arts degree from University of Rajasthan. The Board of Directors of the Company is of the opinion that it will be beneficial to the Company to appoint him as an Independent Director.