MOIL Director Usha Singh retires; CMD holds additional HR charge

1 min read     Updated on 02 Jul 2026, 06:03 AM
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MOIL Limited announced the cessation of Smt. Usha Singh as Director (Human Resource) due to superannuation on June 30, 2026. Shri Vishwanath Suresh, CMD, has been assigned the additional charge of the post by the Ministry of Steel for three months starting July 1, 2026.

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MOIL Limited announced the cessation of Smt. Usha Singh as Director (Human Resource) following her superannuation on June 30, 2026. Consequently, she ceased to be a director of the company effective July 1, 2026. The transition was disclosed to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Following the vacancy, the Ministry of Steel, Government of India, assigned the additional charge of the post of Director (Human Resource) to Shri Vishwanath Suresh, CMD, MOIL Limited . The appointment is for an initial period of three months, effective from July 1, 2026, to September 30, 2026, or until further orders, whichever is earlier.

The intimation was signed by Neeraj Dutt Pandey, Company Secretary & Compliance Officer, on behalf of MOIL Limited. The company confirmed that the change in leadership is a direct result of the retirement and subsequent administrative allocation by the government.

Key Appointments and Cessations

Name Position Effective Date Reason
Smt. Usha Singh Director (Human Resource) July 1, 2026 Superannuation
Shri Vishwanath Suresh Director (Human Resource) July 1, 2026 Additional Charge

Historical Stock Returns for MOIL

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%+1.43%-7.74%-20.86%-27.15%+44.98%

Will MOIL initiate a formal search for a full-time Director (Human Resource) before the three-month additional charge period ends?

How will the dual role of CMD and Director (HR) impact the company's operational efficiency and strategic focus during this interim period?

Could this leadership transition signal any upcoming changes in MOIL's human resource policies or organizational structure?

MOIL GM Satish Kumar Asati retires effective July 1, 2026

0 min read     Updated on 02 Jul 2026, 06:02 AM
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MOIL Limited announced the resignation of General Manager (Electrical) Shri Satish Kumar Asati effective July 1, 2026, due to superannuation. The disclosure was made to stock exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015. The filing was submitted by Neeraj Dutt Pandey, Company Secretary & Compliance Officer.

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MOIL Limited announced the resignation of Shri Satish Kumar Asati from the position of General Manager (Electrical) effective July 1, 2026, due to superannuation. The company disclosed this change in senior management to the stock exchanges in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The notification, addressed to the National Stock Exchange of India Ltd and Bombay Stock Exchange Limited, confirmed that the event occurred on July 1, 2026. Shri Satish Kumar Asati, an Indian national, held the PAN ADMPA2685A.

Details of the Change

The following table outlines the specifics of the management change:

Sr. No. Reason of Change Designation Name Nationality PAN Effective Date of reason for change Date of occurrence of Event
1. Superannuation GM (Electrical) Shri Satish Kumar Asati Indian ADMPA2685A 01.07.2026 01.07.2026

The filing was submitted by Neeraj Dutt Pandey, Company Secretary & Compliance Officer of MOIL Limited.

Historical Stock Returns for MOIL

1 Day5 Days1 Month6 Months1 Year5 Years
-0.46%+1.43%-7.74%-20.86%-27.15%+44.98%

Who will be appointed as the successor to manage the Electrical department during this transition?

Will this management change impact MOIL's ongoing operational efficiency or expansion projects?

Is MOIL planning to restructure its senior management team further in the near future?

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