NMDC Steel director Ashish Chatterjee steps down from board

0 min read | Published on 27 Aug 2026, 05:51 PM |Updated on 27 Aug 2026, 05:51 PM

Reviewed by

Riya DScanX News Team

Add as a preferred
source on Google

Key Highlights

Ashish Chatterjee ceases to be Government Director at NMDC Steel w.e.f. August 24, 2026
The move follows his relief as Additional Secretary & Financial Adviser in the Ministry of Steel
Ministry of Steel issued Order No - S-14011/1/2022-BLA on August 27, 2026
The board now consists of six functional directors and one government nominee
Abhijit Narendra remains the sole Government Nominee Director

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

NMDC Steel has announced the cessation of Shri Ashish Chatterjee’s tenure as Government Director on its Board. The change takes effect from the forenoon of August 24, 2026.

The Ministry of Steel, Government of India, communicated the decision vide Order No - S-14011/1/2022-BLA dated August 27, 2026. The order states that Chatterjee ceased to be a director consequent upon his relieving as Additional Secretary & Financial Adviser.

The company filed this update with stock exchanges under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015. Paraj Kanti Saha, Company Secretary, signed the disclosure.

Updated Board Composition

NMDC Steel provided an updated list of directors following the departure. The board currently comprises six functional directors and one government nominee director.

Functional Directors

Amitava Mukherjee: Chairman & Managing Director
Vinay Kumar: Director (Technical)
Joydeep Dasgupta: Director (Production)
Krishna Kumar Thakur: Director (Personnel)
Anurag Kapil: Director (Finance)
Vivek Nishant Nath: Director (Commercial)

Government Nominee Director

Abhijit Narendra: Joint Secretary, Ministry of Steel, Government of India

Historical Stock Returns for NMDC Steel

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.37%	+2.29%	+6.11%	+15.45%	+7.02%	0.0%

Will NMDC Steel appoint a new Government Director immediately to replace Shri Ashish Chatterjee, or will the vacancy remain open temporarily?

How might the departure of the Additional Secretary & Financial Adviser impact NMDC Steel's ongoing capital expenditure plans or financial strategy?

Does this leadership change signal a broader restructuring of government nominees in public sector undertakings under the Ministry of Steel?

NMDC Steel

View Company Insights

View All News

NMDC Steel schedules 11th AGM for September 28, 2026

0 min read | Published on 24 Aug 2026, 01:45 PM |Updated on 25 Aug 2026, 04:40 PM

Reviewed by

Jubin VScanX News Team

Add as a preferred
source on Google

Key Highlights

NMDC Steel Limited scheduled its 11th AGM for September 28, 2026
The meeting will be held via video conferencing at 3:30 pm IST
No physical presence of members is required for the event
The arrangement complies with SEBI LODR Regulations and Companies Act

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

NMDC Steel Limited has scheduled its 11th Annual General Meeting (AGM) for Monday, September 28, 2026. The meeting will commence at 3:30 pm Indian Standard Time.

The event will be conducted through video conferencing or other audio-visual means (OAVM). There will be no physical presence of members at a common venue.

Regulatory Compliance

The company stated the arrangement complies with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015. It also adheres to applicable circulars from the Ministry of Corporate Affairs and SEBI.

The notice for the AGM will be sent in due course to transact the businesses set out therein. The communication was issued under Regulation 30 of the SEBI (LODR) Regulations, 2015.