https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

SAIL Appoints Pranoy Roy as Independent Director to Strengthen Corporate Governance – Know More About Him

Government of India nominates seasoned legal and tax expert to board of Maharatna steel giant
Indian Masterminds Stories

New Delhi: The Steel Authority of India Limited (SAIL), one of India’s largest and most prominent public sector undertakings under the Ministry of Steel, has appointed Mr Pranoy Roy as an Independent Director on its Board. The appointment was formalized on July 8, 2025, following a nomination from the Government of India dated July 3, 2025.

Shri Roy will serve on the SAIL Board for a term of three years or until further orders, whichever is earlier.

Appointment Confirmed in Regulatory Filings

In a formal filing with both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), SAIL confirmed that Mr Roy meets all eligibility requirements and is not under any disqualification from the Securities and Exchange Board of India (SEBI) or other regulatory authorities. The appointment has been made in accordance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR).

Read Also: SAIL’s Tarang Program Clinches Top Spot in Public Sector Category at AIMA HR Best Practices Contest 2025

This strategic appointment aligns with the government’s ongoing efforts to strengthen the leadership and governance frameworks in major public sector enterprises.

About Pranoy Roy: Legal Strategist and Social Contributor

With over 25 years of experience in legal and tax advisory, Mr Roy, aged around 54, brings with him a deep understanding of corporate law, NGO compliance, FCRA regulations, CSR policy, and income tax.

He holds degrees in Commerce (B.Com) and Law (LLB) and has been a trusted consultant to corporates and non-profits across the country. His guidance in FCRA registration, CSR implementation, and income tax scrutiny has proven invaluable for organizations navigating India’s complex legal landscape.

In addition to his professional credentials, Mr Roy is also recognized for his social work, particularly in areas of community development, legal literacy, and capacity building at the grassroots level. His reputation for integrity, strategic insight, and a hands-on approach has earned him respect in both the corporate and development sectors.

Strengthening Governance at a Crucial Time

The appointment comes at a time when corporate governance, compliance, and transparency are under increasing scrutiny across public sector enterprises. SAIL, a Maharatna company, plays a critical role in India’s steel industry and broader infrastructure growth. With Shri Roy’s background, the Board is expected to gain valuable oversight in areas related to legal compliance, CSR obligations, and regulatory integrity.

Read Also: SAIL’s Environment Management Division Wins 24th Greentech Environment Award 2025 – Details Inside

About SAIL

SAIL, or Steel Authority of India Ltd, is an Indian public sector steel manufacturing corporation headquartered in New Delhi. It’s one of India’s largest steel manufacturers and a “Maharatna” (a top-tier Public Sector Enterprise). SAIL manages several integrated and special steel plants across India, including those in Bhilai, Rourkela, Durgapur, Bokaro, and Burnpur. It is the largest government-owned steel producer in India, with an annual production capacity of 18.29 million metric tons.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Two crossed national flags on wooden table
President Trump Announces 25% Tariff on Indian Imports, Penalty Over Russian Oil and Defence Deals
Anurag-and-Rajib
Tripura Cadre IPS Officers Rajiv Singh, Anurag Make It to DG Empanelment List- Check Details
Uttar Pradesh CM resized
Centre Approves Central Deputation for Three Senior UP-Cadre IPS Officers-Know More About Them
Gauhati-High-Court-
Judicial Boost: Four Judges Appointed to Gauhati High Court; Notification Issued by Centre- Know More
Manoj Kumar Singh
Centre Yet to Decide on Extension for UP Chief Secretary Manoj Kumar Singh as Retirement Nears- Details Inside
GP-SINGH
GP Singh Emerges as Front-Runner for Delhi Police Commissioner Post as Sanjay Arora’s Tenure Ends
N-PrashanthA-Jayathilak-
Suspended Kerala IAS Officer Alleges File Tampering, Misuse of e-Office System by Chief Secretary
MIB
Administrative Shake-Up: Centre Transfers 13 Senior IIS Officers Across Key Media Institutions- Check Details
ADVERTISEMENT
ADVERTISEMENT
Videos
Ananth Rupanagudi IRAS
IRAS Ananth Rupanagudi’s Take on Corruption, Reform, and Duty
WhatsApp Image 2025-07-26 at 13.16
What Most Indians Don't Know About Jim Corbett
WhatsApp Image 2025-07-24 at 18.24
How Fireflies and Butterflies Returned In Corbett’s Homeland
ADVERTISEMENT
UPSC Stories
BPSC Bihar police
From Lantern Light to Police Uniform: How Praveen Kumar from a Small Bihar Village Cracked BPSC to Become SDPO
From a lantern-lit village in Bihar to becoming an SDPO, Praveen Kumar's journey is a testament to resilience,...
IAS Priyansha Garg
Why Mindset Matters: IAS Priyansha Garg’s Mental Health Mantra for UPSC
After two failed prelims, Priyansha Garg cracked UPSC with AIR 31 in her fourth attempt, proving how...
Ashish Akshat
From Setback to State Topper: How Ashish Akshat Topped JPSC While Working Full-Time
Ashish Akshat from Dhanbad topped JPSC 2023, proving that resilience, discipline, and family support...
Social Media
Mudumalai Tiger Reserve
Mudumalai Tiger Reserve: From India’s First Sanctuary to a Tiger Conservation Success Story | International Tiger Day Special
IAS Supriya Sahu Hails Mudumalai's Role in Tiger Conservation on Tiger Day. Declared in 1940, Now Among...
Mangroves
Mangroves: Nature’s Shield Against Disasters, Says Officer Parveen Kaswan on Mangroves Day - Watch His Post Here
Mangroves, with their dense, interlaced root systems, form a mesh-like structure that serves as a buffer...
Retired IPS Inderjit Singh Sidhu
Purpose Doesn’t Retire: How 88-Year-Old Retired DIG Becomes Chandigarh’s ‘Quiet Warrior’ of Cleanliness
Inderjit Singh Sidhu’s Dawn Patrol Earns Applause, Mahindra’s Praise for a Man Who Chose Action Over...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Two crossed national flags on wooden table
President Trump Announces 25% Tariff on Indian Imports, Penalty Over Russian Oil and Defence Deals
Anurag-and-Rajib
Tripura Cadre IPS Officers Rajiv Singh, Anurag Make It to DG Empanelment List- Check Details
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Ananth Rupanagudi IRAS
WhatsApp Image 2025-07-26 at 13.16
WhatsApp Image 2025-07-24 at 18.24
ADVERTISEMENT
ADVERTISEMENT