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Leadership transition positions Kalyani Steels for growth in
green steel, advanced materials and global markets -
Mumbai: Kalyani Steels Limited, a leading producer of
engineering-grade special steels and part of the Kalyani Group, today announced
the appointment of Mr. Amit Kalyani as Chairman of the Board, effective close
of business hours on October 28, 2026, in a planned leadership transition from
Dr. Babasaheb Kalyani, who has chaired the Company since its incorporation.
“Kalyani Steels was built to meet the most
exacting standards from day one, and that culture of precision is our greatest
strength,” said Amit Kalyani, Chairman (Designate), Kalyani Steels Ltd.
“As India’s manufacturing ambitions demand materials that are greener, smarter
and world-class, we will accelerate our journey in green steel, advanced
materials and digitalised operations, deepen our presence in strategic sectors
and global markets, and set new benchmarks for the Indian steel industry.”
“Institutions endure when leadership evolves
with the times,” said Dr. Babasaheb Kalyani. “Amit’s active engagement
has made a significant impact on the Company’s growth strategy, and I am
confident that under his leadership Kalyani Steels will build on its
foundations and set new benchmarks for the industry.”
Amit Kalyani, Vice Chairman and Joint Managing
Director of Bharat Forge Ltd., has been closely associated with the Kalyani
Group’s businesses for over 25 years and has led the Group’s expansion into
aerospace, defence, electric mobility and advanced materials. Over several
years, he has worked closely with Mr. R. K. Goyal, Managing Director, Kalyani
Steels, to shape and drive the Company’s growth strategy. He takes the helm of
a company that has grown from a captive supplier to Bharat Forge into a
respected producer serving automotive, industrial and strategic sectors in
India and global markets, with Total Income rising from Rs. 19.2 crore in 1984
to Rs. 1,902 crore in FY 2025-26.
Dr. Kalyani will continue to offer his counsel
to the Board, reinforcing the Group’s vision of Nation Building through
manufacturing excellence.