Kalyani Steels Limited has appointed Ajay Kirtane as an Additional Independent Director, with effect from September 7, 2026. The board approved the move on the same date, following a recommendation from the Nomination and Remuneration Committee, and the appointment is for a five-year term ending September 6, 2031, subject to the required approval of members via postal ballot.
Ajay Kirtane brings more than three decades of experience in financial management, debt syndication, mergers and acquisitions, and private equity. A qualified Cost & Works Accountant, he has built a track record across corporate and commercial consultancy, with expertise spanning multiple industries.
Kirtane is noted as the founder and associate member of the management consultancy firm Shah & Kirtane, from which he retired on March 31, 2025. He is not related to any director at Kalyani Steels. The appointment reinforces the company’s governance framework by adding an independent perspective to the board, with membership contingent on member approval by postal ballot.