The Board of Directors of Bhushan Steel Limited at their meeting held on 11 July 2018, approved the appointment of Mr. T.V. Narendran as Chairman and Non-Executive-Additional Director and Mr. Koushik Chatterjee as Non-Executive-Additional Director with effect from 11 July 2018. Mr. Dibyendu Dutta and Mr. Shuva Mandai, Non-Executive Directors of the Company resigned from the Directorship of the Company with effect from 12 July 2018 due to personal reasons. Mr. TV. Narendran has more than 30 years of experience in metal and mining industry. Presently, Mr. Narendran is CEO& MD of Tata Steel and serving on the Board of Tata Steel Ltd. and Tata Steel Europe. Mr. Narendran is a member of Board of World Steel Association and a member of its Executive Committee. Besides this, he was Co-Chair of Mining & Metals Governing Council of the World Economic Forum from 2016 to 2018. Mr. Chatterjee joined Tata Steel in 1995 and had an overall responsibility in the fields of financial performance & reporting, mergers & acquisitions, risk management, corporate finance, legal & compliance, regulatory affairs, etc. After assuming the role of the Chief Financial Officer of Tata Steel in 2004, he was inducted as a Whole Time Director in 2012 and appointed Group Executive Director (Finance & Corporate) in 2013. He was reappointed as Executive Director & Chief Financial Officer in 2017.