NMDCNSENMDC Limited· MiningMediumNeutral
Announced Thu, 12 Jun · 21:09 IST

NMDC Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

NMDC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NMDC Limited has informed stock exchanges about the appointment of Shri Ashish Chatterjee as a Government Director on its board, effective June 11, 2025. He currently serves as Additional Secretary & Financial Advisor in the Ministry of Steel, Government of India. Shri Abhijit Narendra, Joint Secretary at the Ministry of Steel, continues as a Government Director from an earlier 2023 order. Shri Chatterjee is a 1999-batch IAS officer with prior experience as a Government Nominee Director on the boards of GAIL, IOCL, and EIL. The board continues to have Chairman & Managing Director Shri Amitava Mukherjee and four Functional Directors, alongside the new Government Directors and three Independent Directors.

Likely market impact

This is a routine government nomination on the board of a public sector company and is unlikely to have any material impact on the stock price or operations. Shareholders should note that NMDC's board continues to have a vacancy for a full-time Director (Finance), currently held as additional charge by the Director (Personnel).