MOIL Limited Announces Senior Management Change - GM Personnel Retires

1 min read     Updated on 01 Apr 2026, 06:32 PM
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MOIL Limited announced the superannuation of GM (Personnel) Shri Nitin Pagnis effective 01.04.2026. The company disclosed this senior management change to NSE and BSE under Regulation 30 of SEBI (LODR) 2015. The retirement represents a routine transition in the Government of India enterprise's management structure.

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MOIL Limited has announced a change in its senior management structure, informing stock exchanges about the retirement of a key executive. The Government of India enterprise disclosed this development as part of its regulatory compliance obligations.

Senior Management Transition

The company has reported the superannuation of Shri Nitin Pagnis from his position as General Manager (Personnel), effective from 01.04.2026. This change falls under the definition of senior management as specified in regulation 16(1)(d) of SEBI (LODR) 2015.

Parameter: Details
Name: Shri Nitin Pagnis
Designation: GM (Personnel)
Reason for Change: Superannuation
Nationality: Indian
PAN: AIVPP5095P
Effective Date: 01.04.2026
Event Date: 01.04.2026

Regulatory Compliance

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. MOIL Limited submitted the information to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited simultaneously.

The announcement was signed by Neeraj Dutt Pandey, Company Secretary and Compliance Officer, and dated 01.04.2026. The company emphasized that this information is being shared for the records of the stock exchanges and stakeholders.

About the Communication

MOIL Limited, headquartered at MOIL Bhavan, Katol Road, Nagpur, issued the formal communication to fulfill its listing obligations. The company operates under CIN No: L99999MH1962GOI012398 and maintains its commitment to transparent disclosure practices as a listed Government of India enterprise.

Historical Stock Returns for MOIL

1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%+1.38%-4.48%-20.41%-10.60%+87.95%

Who will MOIL appoint as the new General Manager (Personnel) and what strategic changes might they bring to HR policies?

How could this senior management transition impact MOIL's ongoing manganese mining operations and expansion plans?

Will MOIL face any operational disruptions during the leadership transition period in the personnel department?

MOIL Limited Uploads Investor Meet Transcript Following Audio Recording

1 min read     Updated on 20 Mar 2026, 07:41 PM
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MOIL Limited has uploaded the complete transcript of its Investors and Analysts Meet held on March 17, 2026, following the earlier audio recording upload. The transcript reveals the company's record performance with highest-ever production of 1.80 million tons in FY25 and ambitious growth plans targeting 3.50 million tons by 2030 through strategic investments in mechanization and new shaft projects.

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MOIL Limited has uploaded the transcript of its Investors and Analysts Meet held on March 17, 2026, on its official website, following the earlier upload of the audio recording. The company notified both the National Stock Exchange of India and BSE Limited about the transcript availability on March 20, 2026.

Regulatory Compliance and Documentation

The transcript has been made available through the company's investor relations section under Regulation 46 and 47 of SEBI LODR Regulations, 2015. This follows the company's earlier communication regarding the audio recording upload on March 17, 2026.

Parameter: Details
Meeting Date: March 17, 2026
Transcript Upload Date: March 20, 2026
Document Format: PDF
Web Access Path: Investor Relation → Disclosures under Reg. 46 and 47
Direct Link: https://moil.nic.in/userfiles/file/InvRel/Transcript_17032026.pdf

Key Discussion Points from the Meet

The transcript reveals comprehensive discussions about MOIL's operational performance and strategic initiatives. The company achieved its highest ever production of 1.80 million tons in FY25, with total income reaching ₹1,696 crores. For the nine-month period of FY26, MOIL achieved production of 1.42 million tons compared to 1.33 million tons in the previous year.

Performance Metric: FY25 Achievement Nine Months FY26
Production: 1.80 million tons 1.42 million tons
Sales: 1.60 million tons 1.08 million tons
Total Income: ₹1,696 crores ₹1,126 crores
Cost of Production: ₹5,500 per ton ₹5,300 per ton

Strategic Growth Plans and Infrastructure Development

MOIL outlined its ambitious growth strategy targeting 3.50 million tons production by 2030, increasing its market share from 20% to 32%. The company is investing ₹664 crores in five shaft sinking projects across Dongri Buzurg, Kandri, and Chikla mines. Current capex target for FY26 stands at ₹325 crores for domestic operations.

Management Participation and Future Outlook

The meet was attended by senior management including Mr. Rakesh Tumane (Director Finance), Ms. Rashmi Singh (Director Commercial), and Mr. M.M. Abdulla (Director Production & Planning). The discussions covered mechanization initiatives, beneficiation of low-grade ores, and expansion into new states through joint ventures.

The communication was signed by Neeraj Dutt Pandey, Company Secretary and Compliance Officer, and digitally signed on March 20, 2026, demonstrating MOIL's commitment to transparency and regulatory compliance.

Historical Stock Returns for MOIL

1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%+1.38%-4.48%-20.41%-10.60%+87.95%

How will MOIL's ambitious target of increasing market share from 20% to 32% by 2030 impact domestic manganese ore pricing and competition?

What are the potential risks and timeline challenges for MOIL's ₹664 crores shaft sinking projects across multiple mine locations?

Which new states is MOIL considering for expansion through joint ventures, and what regulatory approvals might be required?

More News on MOIL

1 Year Returns:-10.60%