NMDC Limited Appoints Shri Anurag Kapil as Director (Finance) for Five-Year Term
NMDC Limited has appointed Shri Anurag Kapil as Director (Finance) following an order from the Ministry of Steel dated March 18, 2026. Shri Kapil, currently ED Finance Expenditure at Railway Board with IRAS credentials, will serve for five years from assumption of charge. The company has notified all stock exchanges in compliance with SEBI regulations.

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NMDC Limited has announced a key leadership appointment with the induction of Shri Anurag Kapil as Director (Finance) on the company's Board of Directors. The appointment comes through an official order from the Ministry of Steel, Government of India, marking a significant development in the company's executive leadership structure.
Appointment Details
The Ministry of Steel has issued Order No. S-14013/1/2024-BLA dated March 18, 2026, formally appointing Shri Anurag Kapil to the position of Director (Finance) at NMDC Limited. The appointment terms and background details are outlined below:
| Parameter: | Details |
|---|---|
| Appointee: | Shri Anurag Kapil, IRAS |
| Position: | Director (Finance) |
| Current Role: | ED, Finance Expenditure, Railway Board |
| Tenure: | Five years from assumption of charge |
| Appointing Authority: | Ministry of Steel, Government of India |
| Order Date: | March 18, 2026 |
Regulatory Compliance
NMDC Limited has fulfilled its disclosure obligations under Regulation 30 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally communicated this appointment to all relevant stock exchanges where its shares are listed.
The notification was sent to BSE Limited (Scrip Code – 526371), National Stock Exchange of India Limited (Scrip Code – NMDC), and The Calcutta Stock Exchange Limited (Scrip Code – 24131) through their respective electronic platforms.
Professional Background
Shri Anurag Kapil brings significant experience from the Indian Railway Accounts Service (IRAS) to his new role. He currently serves as Executive Director, Finance Expenditure at the Railway Board, providing him with extensive expertise in financial management and expenditure oversight in large public sector organizations.
Terms of Appointment
The appointment is structured for a five-year term from the date Shri Kapil assumes charge of his new position. However, the tenure is subject to modification based on further orders from the appointing authority, whichever condition occurs earlier. This standard provision ensures flexibility in executive appointments while providing reasonable tenure security.
The appointment reflects the government's continued focus on strengthening the leadership team at NMDC Limited, one of India's leading mining companies. Company Secretary & Compliance Officer Pravin Shekhar has formally communicated this development to ensure transparency and regulatory compliance.
Historical Stock Returns for NMDC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.95% | -2.25% | -2.68% | +1.58% | +16.73% | +150.61% |






























