NMDC Limited has informed the Exchange about General Updates - Intimation of the receipt of order issued by Ministry of Steel, Government of India in respect of appointment of Shri Anurag Kapil as Director (Finance) on the Board of the Company.
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NMDC Limited has received an order from the Ministry of Steel, Government of India appointing Shri Anurag Kapil as Director (Finance) on the company's board. Shri Anurag Kapil is an IRAS officer currently serving as Executive Director, Finance Expenditure at Railway Board. The appointment is for a period of five years from the date he assumes charge of the post, or until further orders, whichever is earlier. The intimation was made under SEBI LODR Regulation 30 on 18th March 2026.
This is a routine government-appointed leadership change at a key financial role (akin to CFO) in a public sector mining major. No immediate material impact on operations or share price is expected, though it brings experienced financial management from the Indian Railways system.