MOIL Limited has informed the Exchange regarding Change in Director(s) of the company.
MOIL · price
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MOIL Limited, a Government of India enterprise, has informed exchanges about a change in its Government Nominee Director. Based on a Ministry of Steel order dated June 11, 2025, Shri Ashwini Kumar, currently Economic Advisor at the Ministry of Steel, has been appointed as Government Director on MOIL's board. He replaces Shri Vinod Kumar Tripathi, Joint Secretary at the Ministry of Steel, who has ceased to hold the directorship. The new appointee is an Indian Economic Service officer with over 21 years of experience in public policy and economics, and is not debarred by any SEBI order. His appointment is a routine government-nominee change typical of public sector companies.
This is a routine change of a government-nominee director with no material impact on operations, strategy, or shareholder value. Investors should note no commercial or business implications arise from this administrative swap.