National Aluminium Company Limited has informed the Exchange regarding Cessation of Mr Sanjay Lohiya IAS as Non- Executive Director of the company w.e.f. April 01, 2026.
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National Aluminium Company Limited (NALCO) has announced the cessation of Shri Sanjay Lohiya, IAS, as Part-time Official Director on its Board, effective April 1, 2026. Lohiya, who was Additional Secretary at the Ministry of Mines, has been relieved from his duties in the ministry and transferred to a new assignment as Special Secretary, Department of Financial Services, Ministry of Finance. As a result of this government reassignment, he has ceased to hold the directorship position at NALCO. The company has informed both BSE and NSE about this change in compliance with SEBI Listing Regulations.
This is a routine change driven by government reassignment of a bureaucratic nominee director. As NALCO is a Central Public Sector Enterprise, such changes are expected when government officers are transferred between ministries. The impact on shareholders should be minimal, though it does signal continued government oversight and potential future changes in board composition as new nominees may be appointed.