Uttam Value Steels Limited announced that Jagath Chandra has been appointed as an Additional Director on the Board of the company from May 30, 2016, as an Independent Director. The resignation of U N Challu, as an Independent Director of the company with effect from May 30, 2016 has been approved by the Board at their meeting held on May 30, 2016. The resignation of Pratima Srivastava, as an Independent Director of the company with effect from May 30, 2016 has been approved by the Board at their meeting held on May 30, 2016.