MOIL Limited will hold its 64th Annual General Meeting on September 18, 2026, at 12:30 pm through video conferencing. The meeting aims to adopt the audited financial statements for FY25-26 and approve several key board appointments.

The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting. Shareholders holding shares as on the cut-off date of September 11, 2026, are eligible to vote. The remote e-voting window opens on September 14, 2026, at 9:00 am and closes on September 17, 2026, at 5:00 pm.

Key Agenda Items

The ordinary business includes receiving and considering the audited financial statements for the year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. Additionally, shareholders will consider the continuation of Smt. Rashmi Singh as Director (Commercial).

Under special business, the meeting will address the following resolutions:

• Ratification of the Cost Auditor's remuneration for M/s Ujwal P. Loya & Co., set at ₹1,60,000 plus applicable tax for FY26-27.
• Continuation of Shri Vishwanath Suresh as Chairman-cum-Managing Director until his superannuation or further orders.
• Appointment of Smt. Sonali Sanjit Nagvenkar as an Independent Director for a three-year term effective from July 16, 2026.
• Continuation of Shri Lokesh Chandra as Nominee Director for the Government of Maharashtra until March 6, 2027.

Dividend and Shareholder Information

The Board did not recommend a final dividend for FY25-26, noting that the dividend liability under DIPAM guidelines was fully met through two interim dividends declared during the year. The company has relaunched its "Saksham Niveshak" campaign to assist shareholders in updating KYC details and claiming unpaid dividends to prevent transfer to the Investor Education and Protection Fund.

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.