MOIL Limited has appointed Shri Lokesh Chandra, IAS, as a Government Nominee Director on its Board, marking a key governance update for the government-owned manganese mining enterprise. The Government of India issued the appointment order, No. S-14011/1/2022-BLA, on August 6, 2026. Chandra’s tenure is fixed until March 6, 2027, or until further orders are issued by the appointing authority.

The appointment was communicated to the National Stock Exchange of India Ltd and the Bombay Stock Exchange Limited on August 7, 2026. Neeraj Dutt Pandey, Company Secretary and Compliance Officer of MOIL Limited, signed the intimation letter. The filing confirms that Chandra is not related to any existing director or key managerial personnel of the company and is not debarred or disqualified from holding office by SEBI or any other authority.

Appointment Details

Shri Lokesh Chandra currently serves as Additional Chief Secretary (Mines) for the Government of Maharashtra and as Chairman and Managing Director of Maharashtra State Electricity Distribution Company Limited (MSEDCL). His appointment brings senior administrative and regulatory experience to MOIL’s Board.

Professional Background

Chandra is an Indian Administrative Service officer of the 1993 batch. He holds a degree in Civil Engineering and an M. Tech in Structures from the Indian Institute of Technology (IIT), Delhi. His career spans both state and central government roles, providing him with extensive experience in infrastructure, energy, and urban development sectors.

Previously, Chandra served in the Central Government from 2008 to 2015. During this period, he held positions as Joint Secretary at the Ministry of Steel and Director at the Ministry of Power. He also previously served as a Government Nominee Director at MOIL Limited, indicating prior familiarity with the company’s operations and governance structure.

At the state level, Chandra has held several critical leadership roles in Maharashtra. He served as Chairman and Managing Director of the City and Industrial Development Corporation (CIDCO) and as Commissioner of the Nagpur Municipal Corporation. Additionally, he worked as Collector for the Nagpur, Bhandara, and Gondia districts and served as President of Nagpur Reform Pranyas.

Governance Compliance

The intimation filed with the stock exchanges adheres to regulatory disclosure norms regarding board appointments. The document explicitly states that Chandra meets all eligibility criteria, including non-disqualification under SEBI regulations. This appointment reinforces the government’s oversight role in MOIL Limited, a public sector undertaking focused on manganese ore mining and processing.

MOIL moil has appointed Ajay Kolte as Deputy General Manager (Materials), effective August 3, 2026. This change in senior management, disclosed to the National Stock Exchange of India Ltd and Bombay Stock Exchange Limited, places Kolte in charge of the company’s materials department as Head of Department.

The appointment was notified on August 3, 2026, by Neeraj Dutt Pandey, Company Secretary & Compliance Officer of MOIL Limited. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely reporting of changes in senior management defined under Regulation 16(1)(d) of the SEBI (LODR) Regulations, 2015.

Appointment Details

Ajay Kolte brings a background in production engineering and business management to the role. His qualifications include a Bachelor of Engineering (Production), a Post Graduate Diploma in Business Management (PGDBM), and a Master of Business Administration with specializations in Marketing and Human Resources.

Kolte’s term of appointment is governed by the service rules of MOIL Limited. The designation as Head of Department Materials signifies his responsibility for overseeing material procurement, inventory management, and related operational functions within the manganese ore enterprise.

Regulatory Compliance

The notification, bearing reference number CS/NSE-BSE/2026-27/142, confirms that the change is administrative in nature, aimed at strengthening the management structure of the materials division. No financial implications or strategic shifts were disclosed alongside this personnel change. The company continues to operate under its existing governance framework, with this appointment ensuring continuity in departmental leadership.