NMDC Limited has appointed Shri Vinod Kumar Tripathi, Joint Secretary at the Ministry of Steel, as a Government Director on its Board of Directors. The appointment is effective from October 12, 2026, replacing Shri Abhijit Narendra.

The decision was communicated by the Ministry of Steel (MoS), Government of India, through Order No. S-14011/1/2022-BLA dated October 12, 2026. The filing was submitted to the stock exchanges on October 13, 2026, in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Appointment details

Shri Vinod Kumar Tripathi assumes the role with immediate effect or until further orders, whichever is earlier. Consequently, Shri Abhijit Narendra, Former Joint Secretary at the Ministry of Steel, has ceased to serve as a Government Director on the Board of NMDC Limited.

The company confirmed that Shri Tripathi is not related to any other director on the Board. Furthermore, he is not disqualified from acting as a director under Section 164 of the Companies Act, 2013, nor is he debarred from holding the office by any court, tribunal, or regulatory authority such as SEBI.

Profile of new director

Shri Vinod Kumar Tripathi belongs to the Indian Railway Service of Engineers (IRSE) batch of 1995 and holds a Civil Engineering degree from IIT Roorkee. His professional background includes extensive experience in administration, management, and engineering within the Ministry of Railways.

His expertise spans public sector enterprise management, public policy, project operations, technological advancement, procurement, inventory management, and human resource management. Prior to his current role, he served as Executive Director at the Railway Land Development Authority.

NMDC reported year-to-date iron ore production of 27.27 million tonne, a 22.8% rise compared to the corresponding period last year. This significant growth highlights the state-owned miner's expanding operational capacity.

Production performance

The September output figure marks a notable year-over-year improvement for NMDC, India's largest iron ore producer. The company produced 4.04 million tonne in September, reflecting a 7.7% rise in monthly volume. The substantial increase in cumulative output underscores sustained mining activity and improved throughput during the fiscal year to date.

Sales and regional breakdown

While production volumes expanded, provisional sales data reveals a divergence in performance. Monthly sales in September stood at 3.51 million tonne, a decline from 3.88 million tonne in September 2025. Cumulative sales up to September 2026 remained unchanged at 22.23 million tonne, matching the figures from the previous year despite the surge in mining output.

Regional data indicates that Chhattisgarh operations drove the majority of the production increase, contributing 18.92 million tonne year-to-date, up from 14.78 million tonne last year. Karnataka operations also saw growth, with YTD production rising to 8.35 million tonne from 7.42 million tonne. However, Karnataka sales dipped to 5.81 million tonne YTD from 7.10 million tonne previously, while Chhattisgarh sales grew modestly to 16.42 million tonne from 15.13 million tonne.

Key highlights

• Year-to-date iron ore production reached 27.27 million tonne, up 22.8%
• Monthly production in September stood at 4.04 million tonne, up 7.7%
• Year-to-date sales remained flat at 22.23 million tonne
• Chhattisgarh accounted for the bulk of the production increase with 4.14 million tonne additional output YTD

What the Numbers Show

The divergence between the single-month growth rate (7.7%) and the year-to-date growth rate (22.8%) suggests that the acceleration in production occurred primarily in the months preceding September. The YTD figure indicates a much stronger cumulative performance than the recent monthly trend alone would suggest, pointing to robust operational execution earlier in the fiscal period.

Furthermore, the stagnation in year-to-date sales (22.23 million tonne) against a 22.8% rise in production creates an inventory build-up scenario. The gap between YTD production (27.27 million tonne) and YTD sales (22.23 million tonne) has widened significantly compared to the previous year, where production and sales were more closely aligned or sales slightly exceeded production in certain months. This indicates that increased mining throughput has not yet translated into proportional revenue realization through sales volume.