NMDC Limited has informed the Exchange about change in Management
NMDC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NMDC Limited has appointed Shri Anurag Kapil (DIN 06640383) as Director (Finance) of the company with effect from 31st March 2026, for a period of five years or until further orders, whichever is earlier. By virtue of this appointment, he will also serve as the Chief Financial Officer (CFO) and Key Managerial Person (KMP) of the company. His appointment has been made under a Government of India, Ministry of Steel order dated 18th March 2026. Consequently, Smt. G Anupama, who was serving as interim Whole Time CFO (she was designated as CFO from 3rd July 2025 pending the new incumbent's arrival), has ceased to be CFO and KMP of the company from 31st March 2026. Shri Anurag Kapil is a 1998-batch Indian Railway Accounts Service (IRAS) officer with over 26 years of experience across Indian Railways, Ministry of Coal, CONCOR, and the Railway Board, with expertise in financial management, PSU governance, and policy formulation.
This is a routine, government-orchestrated leadership transition at NMDC, a public sector mining major. Bringing in a permanent CFO with extensive PSU and finance leadership experience should provide stability and continuity in financial governance. For shareholders, this is a neutral-to-positive development, removing the interim arrangement and giving the company a full-time, experienced CFO for a clear five-year term.