The company said he will be relieved from services after close of business hours on 8 May 2026.

Kalyani Steels is a part of the Kalyani Group and is primarily engaged in the business of the manufacture and sale of iron and steel products.

The company reported a 9.8% year-on-year jump in consolidated net profit to Rs 61.96 crore on a 4.5% decline in revenue from operations to Rs 462.38 crore in Q3 FY26 over Q3 FY25.

Shares of Kalyani Steels rallied 4.44% to end at Rs 721 on the BSE.