MOIL raises manganese ore prices 5% across all grades from Oct 1

scanx
Reviewed by
Riya DScanX News Team
Key Highlights
  • MOIL increased manganese ore prices by 5% across all grades effective October 1, 2026
  • Price hike applies to Ferro, Chemical, SMGR grades, and Fines based on September 2026 rates
  • Basic price for EMD remains unchanged at ₹1,80,000 per metric tonne for October 2026
powered bylight_fuzz_icon
52407446

*this image is generated using AI for illustrative purposes only.

MOIL has increased manganese ore prices by 5% across all grades, effective October 1, 2026.

Price revision details

The price hike applies uniformly to all grades of manganese ore in MOIL's product portfolio. The revision, effective from October 1, 2026, represents a broad-based upward adjustment rather than a selective grade-specific change.

Parameter Details
Price increase 5%
Grades covered All grades
Effective date October 1, 2026

MOIL is a leading producer and supplier of manganese ore in India. A uniform 5% price increase across all grades reflects a company-wide pricing revision impacting the full range of its manganese ore offerings.

Grade-specific breakdown and EMD pricing

The company specified that the 5% increase applies to Ferro grades with Manganese content of Mn-44% and above, as well as other Ferro grades below Mn-44%, Chemical grades, SMGR grades, and Fines. These prices are revised on the rates prevailing since September 1, 2026, effective from midnight of September 30, 2026, for the month of October 2026.

In contrast to the manganese ore price hike, the basic price for Electrolytic Manganese Dioxide (EMD) remains unchanged. The company continued the basic price of ₹1,80,000 per metric tonne (PMT) for EMD and ₹1,71,000 for EMD flakes for the month of October 2026.

Historical Stock Returns for MOIL

1 Day5 Days1 Month6 Months1 Year5 Years
-2.15%-6.45%-9.91%-17.86%-37.17%+42.21%

How might the 5% price hike influence MOIL's revenue guidance and profit margins for the upcoming fiscal quarters?

Will downstream steel and battery manufacturers absorb the increased input costs or pass them on to end consumers?

Could this price increase trigger competitive responses from other manganese producers or increase import volumes into India?

MOIL CMD Vishwanath Suresh gets additional HR charge for one year

scanx
Reviewed by
Ashish TScanX News Team
Key Highlights
  • MOIL Limited extended the additional charge of Director (Human Resource) to CMD Vishwanath Suresh
  • The extension is effective from October 1, 2026, for one year or until further orders
  • The decision was taken by the Government of India via order dated September 22, 2026
  • This follows a previous assignment of the role after the cessation of the prior HR Director
powered bylight_fuzz_icon
51622398

*this image is generated using AI for illustrative purposes only.

MOIL Limited informed stock exchanges that the Government of India has extended the additional charge of Director (Human Resource) to Chairman and Managing Director Vishwanath Suresh. The extension is effective from October 1, 2026, for a period of one year or until further orders, whichever is earlier.

Regulatory filing details

The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the order was issued by the Government of India vide order no. S-14/1/2025-BLA dated September 22, 2026.

This development follows a previous letter regarding the cessation of the Director (Human Resource) and the initial assignment of the additional charge to Suresh. The current notification confirms the continuation of this dual role for another year.

Key appointment terms

The specific terms of the extension are as follows:

Parameter Details
Executive Vishwanath Suresh
Primary Role Chairman and Managing Director (CMD)
Additional Charge Director (Human Resource)
Effective Date October 1, 2026
Duration One year or until further order
Order Reference S-14/1/2025-BLA

The company did not disclose any financial implications or changes in compensation structure associated with this administrative extension.

Historical Stock Returns for MOIL

1 Day5 Days1 Month6 Months1 Year5 Years
-2.15%-6.45%-9.91%-17.86%-37.17%+42.21%

How might the prolonged dual leadership role impact MOIL's operational efficiency and strategic decision-making speed in the upcoming fiscal year?

Will the government's delay in appointing a permanent Director (Human Resource) signal broader structural changes within the PSU's management hierarchy?

What are the potential governance risks associated with concentrating CMD and HR responsibilities, and how is the board mitigating these concerns?

More News on MOIL

1 Year Returns:-37.17%