Mumbai : JSW Infrastructure Limited has announced that Independent Director Amitabh Kumar Sharma has officially stepped down from the company’s Board, effective at the close of business on March 27, 2026, following the completion of his second consecutive term.
The company disclosed the development to stock exchanges, including BSE Limited and National Stock Exchange of India Limited, in compliance with Regulation 30 of the Listing Obligations and Disclosure Requirements set by the Securities and Exchange Board of India.
Board and Committee Changes
With the conclusion of his tenure, Sharma has also relinquished his roles across all Board committees where he served as a member. The company clarified that despite his exit, the Board’s composition continues to fully comply with the provisions of the Companies Act, 2013 and SEBI’s listing regulations.
Acknowledgment of Contributions
In its official statement, the company expressed appreciation for Sharma’s contributions during his tenure, recognizing his role in strengthening governance practices and supporting the company’s strategic direction.
Regulatory Filings and Transparency
In addition to domestic exchanges, the disclosure has also been submitted to India International Exchange (IFSC) Limited, where the company’s securities are listed.
JSW Infrastructure confirmed that the announcement will also be made available on its official website in line with regulatory transparency requirements.
Governance Continuity
The company emphasized that its governance framework remains stable and compliant, ensuring continuity in oversight and adherence to regulatory standards even after the board-level transition.
This development reflects standard corporate governance practices, where independent directors step down upon completing their maximum permissible tenure under Indian regulations.
