NMDC Steel Limited has informed the Exchange about General Updates
NSLNISP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NMDC Steel Limited has informed the stock exchanges that the Ministry of Steel, Government of India, has appointed Shri Krishna Kumar Thakur as Director (Personnel) on the Board of NMDC Limited for a period of 5 years from the date he assumes charge, or until further orders, whichever is earlier. As per a prior government order dated 20.03.2023, the Functional Directors of NMDC Limited also serve on the Board of NMDC Steel Limited on a co-terminus basis. Accordingly, Shri Krishna Kumar Thakur (DIN: 10172666) will also serve as Director (Personnel) on the Board of NMDC Steel Limited. The appointment is effective subject to his assumption of charge at NMDC Limited. The communication was made under Regulation 30 of the SEBI LODR Regulations, 2015.
This is a routine government-mandated board appointment with no material impact on shareholders; it reflects an administrative change in line with existing co-terminus arrangements between NMDC Limited and NMDC Steel Limited, and is unlikely to affect the stock price.