MOIL Limited has informed the Exchange regarding Appointment of Mr Vishwanath Suresh as Chairman & Managing Director of the company w.e.f. January 07, 2026.
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MOIL Limited has announced the appointment of Shri Vishwanath Suresh as its new Chairman-cum-Managing Director, effective January 7, 2026. The appointment was made by the Government of India through the Ministry of Steel and will remain in effect until his superannuation on August 31, 2030, or until further orders. Shri Suresh is a Metallurgical Engineer from NIT Rourkela and holds an MBA in Marketing, along with an Advanced Strategic Management certification from IIM Kozhikode. He brings over three decades of experience in the mining and manufacturing sector, most recently serving as Director (Commercial) at NMDC Limited and previously at SAIL in senior commercial and procurement roles. He is not related to any existing Director or Key Managerial Personnel and is not debarred by SEBI.
Leadership continuity is maintained at the helm of this government-owned manganese ore miner with a seasoned PSU executive. The appointment is unlikely to materially affect the stock price in the short term, as it follows the standard government-driven selection process for CMD positions in central public sector enterprises.