Appointment of Shri Ashish Chatterjee as Government Director on the Board of NMDC Limited.
Awaiting price reaction for this filing.
The Ministry of Steel, Government of India, has appointed Shri Ashish Chatterjee as a Government Director on the Board of NMDC Limited with effect from 11th June 2025, until further orders. Shri Chatterjee is a 1999-batch IAS officer (Tamil Nadu cadre) and currently serves as Additional Secretary & Financial Advisor in the Ministry of Steel, bringing over 25 years of administrative experience. He holds a Chemical Engineering degree and his role will involve overseeing financial administration and strategic advice on the steel sector. The filing also notes that Shri Abhijit Narendra continues as Government Director from his earlier appointment in February 2023. The updated list of 10 directors is enclosed with the announcement.
This is a routine government nominee appointment (a PSU board seat), not a management-level change. As NMDC is a government-owned iron ore mining company, such appointments are ministerial in nature and have no direct material impact on shareholders or stock price.