NEW DELHI: Tata SteelBSE -3.25 % has appointed former SBIBSE 0.11 % Chairman O P Bhatt as additional non-executiveindependent director in hte company with effect from today.
The Board of Directors has "appointed O P Bhatt as an additional non-executive independent director on the Board of Tata Steel with effect from June 10, 2013", Tata Steel said in a BSE filing.
"Bhatt was the former Chairman of State Bank of IndiaBSE 0.11 %, which is India's largest commercial bank. He is now on the Boards of reputed Indian and foreign companies," it added.
Bhatt hanged up his boots after a five-year stint as SBI chief on March 31, 2011.
Shares of the company closed at Rs 290.40 apiece on the BSE, down 0.55 per cent from the previous close.