NMDC Limited reported comprehensive production and sales data for March 2026, demonstrating robust operational performance across its mining facilities. The state-owned mining company achieved iron ore production of 5.35 million tonnes and sales of 5.90 million tonnes during the month.

March 2026 Performance Overview

The company's March 2026 operations showed significant improvement compared to the previous year, with production increasing substantially from 3.55 million tonnes in March 2025. Sales performance also strengthened, rising from 4.21 million tonnes in the corresponding period last year.

Regional Production Breakdown

NMDC's operations across two key states contributed to the overall performance. Chhattisgarh operations dominated production with 4.01 million tonnes, while Karnataka facilities contributed 1.34 million tonnes during March 2026.

Annual Performance for FY 2025-26

The cumulative performance for the financial year ending March 2026 reflects NMDC's strong operational capabilities. Annual production reached 53.15 million tonnes, representing a significant increase from 44.07 million tonnes in the previous financial year.

Mining Sector Impact

The strong production and sales figures underscore NMDC's significant role in India's mining sector and iron ore supply chain. The company's consistent performance supports domestic steel manufacturers and contributes to meeting industrial demand for iron ore. The year-over-year growth in both production and sales demonstrates the company's operational efficiency and market positioning as one of India's largest iron ore producers.

NMDC Limited has announced the appointment of Shri Anurag Kapil as Chief Financial Officer and Key Managerial Person, effective 31st March 2026. The appointment follows an official order from the Ministry of Steel, Government of India, marking a significant leadership transition for the state-owned mining enterprise.

Government Order and Appointment Details

The appointment stems from Ministry of Steel, Government of India's Order No. S-14013/1/2024-BLA dated 18th March 2026. Under this order, Shri Anurag Kapil has been designated as Director (Finance) in NMDC Limited for a five-year period from his assumption of charge on 31st March 2026, or until further orders, whichever is earlier.

Leadership Transition

With Kapil's appointment, Smt. G Anupama, Chief General Manager (Finance), will cease to be CFO and Key Managerial Person of the company effective 31st March 2026. Anupama had been serving as interim Whole Time Chief Financial Officer following an earlier board decision communicated in July 2025.

Professional Background

Shri Anurag Kapil brings extensive experience to his new role as an Indian Railway Accounts Service (IRAS) officer of the 1998 batch. His professional journey spans over 26 years across Indian Railways and Central Public Sector Undertakings, providing him with comprehensive expertise in public sector financial management.

Educational Credentials

Kapil's academic background includes:

• Alumni of Hans Raj College
• Graduate from Faculty of Management Studies, University of Delhi
• Master's in Public Affairs from University of Minnesota, USA

Key Professional Experience

Throughout his career, Kapil has held several strategic positions that have shaped his expertise in financial management and policy formulation:

Areas of Expertise

Kapil's professional expertise encompasses multiple critical areas relevant to his new role at NMDC:

• Policy formulation and analysis
• Financial management and strategic planning
• PSU governance and disinvestment initiatives
• Capital restructuring and project financing
• Public-Private Partnership (PPP) models
• Multimodal logistics and operational excellence

Strategic Impact at CONCOR

During his tenure as Director (Finance) at CONCOR under additional charge, Kapil demonstrated his capability in driving financial growth and operational excellence. He played a crucial role in strategic diversification initiatives, particularly in expanding the company's multimodal logistics capabilities.

Regulatory Compliance

The appointment announcement complies with Regulation 30 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. NMDC has provided comprehensive details as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, ensuring full transparency regarding the management change.