MOIL Limited has announced a price reduction across most of its manganese ore product lines for August 2026, effective from midnight on July 31, 2026. The Government of India enterprise adjusted its pricing structure in line with prevailing market conditions, marking a shift from the rates that were in effect since July 1, 2026. This adjustment impacts both high-grade ferro manganese ores and lower-grade variants, signaling a broad-based correction in the company's revenue realization per unit. The price revision was communicated to the National Stock Exchange of India Ltd and the Bombay Stock Exchange Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, via a filing dated August 1, 2026.

Price Reductions by Grade

The company implemented a tiered approach to the price cuts, distinguishing between higher-grade ferro ores and other industrial grades. The specific adjustments are outlined below:

These reductions apply to the prices prevailing since July 1, 2026. The decision to cut prices by a wider margin of 5% for lower-grade ferro ores, chemical grades, SMGR grades, and fines suggests softer demand or increased competitive pressure in these specific segments compared to the premium ferro grades.

Unchanged Pricing for EMD Products

While most manganese ore grades faced price cuts, MOIL maintained stability in its Electrolytic Manganese Dioxide (EMD) segment. The basic price of EMD remains fixed at ₹1,80,000 per metric tonne (PMT), and the basic price of EMD flakes continues at ₹1,71,000. These prices are held constant for August 2026, indicating that the demand-supply dynamics for battery-grade manganese dioxide remain distinct from those of metallurgical and chemical-grade ores.

Key Takeaways

The differential pricing strategy highlights a divergence in market conditions across MOIL's product portfolio. The 4% cut for high-grade ferro manganese (Mn-44%+) versus the 5% cut for lower-grade and chemical variants suggests that premium metallurgical grades retain slightly more pricing power than their counterparts. However, the universal decline across these categories points to a broader softening in the manganese ore market. Neeraj Dutt Pandey, Company Secretary & Compliance Officer of MOIL Limited, signed the disclosure. The company's registered office is located at MOIL Bhavan, 1A, Katol Road, Nagpur.

MOIL Limited, a Government of India Enterprise headquartered at MOIL Bhavan, Nagpur, has formally notified the stock exchanges of changes in its senior management, effective 01.08.2026. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and pertains to personnel defined under Regulation 16(1)(d) of SEBI (LODR), 2015.

Senior Management Changes at a Glance

The company communicated three distinct changes in its senior management structure. The following table summarises the personnel involved, their designations, and the reasons for the respective changes:

Key Highlights of the Changes

• Shri Sanjay Chaudhari, serving as General Manager (Materials), has retired from service on account of superannuation effective 01.08.2026.
• Smt. Gurupreet Patel, Deputy General Manager (Finance), has been transferred to another department within the organisation.
• Ms. Akanksha Singh, a Chartered Accountant, has been designated as General Manager (Finance) and additionally appointed as Internal Auditor and Head of Department of the Internal Audit department.

Regulatory Disclosure

The communication was addressed to the General Manager (Listing) at the National Stock Exchange of India Ltd and the Listing Department of Bombay Stock Exchange Limited. The disclosure was signed and submitted by Neeraj Dutt Pandey, Company Secretary and Compliance Officer of MOIL Limited, on 01.08.2026.