Appointment of Shri S Sharad Rao, Govt. Nominee Director of the Company
ORISSAMINE · price
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The President of India has appointed Shri S. Sharad Rao, a Director in the Ministry of Steel, as Government Nominee Director on the board of Orissa Minerals Development Company Ltd (OMDC), effective 11 June 2025 and until further orders. He replaces Smt. Swapna Bhattacharya, the previous Government Director and Deputy Director General at the Ministry of Steel. Shri Rao is an experienced civil servant with over 12 years in strategic leadership roles across the Ministry of Defence, Ministry of Steel, and regulator FSSAI. The appointment was made through a Ministry of Steel order under the company's Articles of Association, as OMDC is a government-owned entity.
This is a routine government-nominee director change with no material impact on shareholders or operations. Since OMDC is a government company, the board composition naturally reflects changes in the Ministry of Steel's representatives.