Sunflag Iron And Steel Company Limited at the board meeting approved the cessation of Mr. P.B. Bhardwaj non executive chairman of the company due to death on November 6, 2016 and consequently, cessation of Mr. V K Kapur as an alternate directors to Mr. P. B. Bhardwaj non executive chairman of the company on the board of the company effective November 6, 2016. The company also appointed Mr. Bhushan Bharwaj, the non executive vice chairman as the none executive chairman of the board and the company.