MOIL Limited has informed the Exchange regarding Cessation of Mr Iqbal Singh Chahal (Govt. Nominee Director) as Non- Executive Director of the company w.e.f. January 31, 2026.
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MOIL Limited has informed the stock exchanges that Mr. Iqbal Singh Chahal, an IAS officer, has ceased to be a Non-Executive Director on the company's board with effect from January 31, 2026. This follows his superannuation from the post of Additional Chief Secretary (Mines), Government of Maharashtra. Since he was a Government of Maharashtra Nominee Director, his cessation is a routine outcome of his retirement from government service. The company has shared this information with both NSE and BSE as a regulatory disclosure.
This is a routine board change due to the government nominee's retirement from administrative service and is unlikely to have any material impact on the company's operations or stock price. Shareholders should expect the Government of Maharashtra to nominate a replacement director in due course.