NMDC Steel Limited has officially confirmed the appointment of Shri Krishna Kumar Thakur as Director (Personnel) on its Board of Directors, following directives from the Ministry of Steel, Government of India. The company informed stock exchanges about the appointment through a formal communication dated March 20, 2026.

Appointment Confirmation and Effective Date

The Ministry of Steel issued Order No. 14013/1/2025-BLA dated March 17, 2026, communicating the appointment of Shri Krishna Kumar Thakur to the Board. The appointment became effective from March 19, 2026, when he assumed charge of the post.

Professional Background and Experience

Shri Krishna Kumar Thakur, aged 52 years, brings extensive experience from his tenure as Director (Human Resources) at BHEL since July 4, 2023. He is a 1998 batch officer of Indian Railway Personnel Service (IRPS) with a Post-Graduate degree in Literature from Tilka Manjhi University, Bhagalpur, and a Post-Graduate Diploma in Management with specialization in Human Resource from Tata Institute of Social Sciences (TISS).

His 25-year career spans Indian Railways and CPSUs, including administrative roles in three Railway divisions - Solapur, Bhopal, and Mumbai. As Chairman of Railway Recruitment Cell, Western Railway, he successfully completed recruitment of approximately twelve thousand employees. He also served on a foreign project in Saudi Arabia with RITES and headed the HR department of Konkan Railway Corporation Limited.

Board Structure and Governance Framework

The appointment operates under an existing governance structure established by the Ministry of Steel. According to an earlier order dated March 20, 2023, the CMD, Functional Directors and Government Directors of NMDC Limited also serve as CMD, Functional Directors and Government Directors of NMDC Steel Limited respectively on a co-terminus basis.

The updated Board now comprises four Functional Directors and two Government Nominee Directors:

Regulatory Compliance and Disclosure

The announcement was made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, which mandates disclosure of material events and information. Company Secretary Aniket Kulshreshtha communicated the appointment to major stock exchanges including BSE Limited, National Stock Exchange of India Limited, and Calcutta Stock Exchange Limited.

The company confirmed that Shri Krishna Kumar Thakur is not debarred from holding the office of Director by virtue of any SEBI order or any other authority, and that none of the other Directors on the Board are related to him.

NMDC Steel Limited has announced a key leadership appointment following directives from the Ministry of Steel, Government of India. The company has informed stock exchanges about the appointment of Shri Anurag Kapil as Director (Finance) on its Board of Directors.

Appointment Details

The Ministry of Steel issued Order No. 14013/1/2024-BLA dated March 18, 2026, communicating the appointment of Shri Anurag Kapil to the position of Director (Finance) on the Board of NMDC Limited. The appointment comes with specific terms and conditions outlined by the government.

Governance Framework

The appointment operates under an established governance structure linking NMDC Limited and NMDC Steel Limited. According to an earlier Ministry of Steel order dated March 20, 2023, the CMD, Functional Directors and Government Directors of NMDC Limited also serve in corresponding roles at NMDC Steel Limited on co-terminus basis.

This framework ensures unified leadership across both entities until further communication from the Ministry of Steel. Consequently, Shri Anurag Kapil will simultaneously serve as Director (Finance) on the Board of NMDC Steel Limited, subject to his assumption of charge as per the March 18, 2026 order.

Professional Background

Shri Anurag Kapil brings extensive experience from the Indian Railway Accounts Service (IRAS) and currently serves as Executive Director (Finance) – Expenditure at the Railway Board. His appointment reflects the government's strategy of leveraging experienced financial professionals across its enterprise portfolio.

Regulatory Compliance

The company has communicated this appointment to all relevant stock exchanges in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. The notification was sent to BSE Limited, National Stock Exchange of India Limited, and Calcutta Stock Exchange Limited on March 18, 2026.

The appointment strengthens NMDC Steel Limited's leadership team as the company continues its operations at the Nagarnar facility in Bastar district, Chhattisgarh. Company Secretary Aniket Kulshreshtha signed the regulatory filing announcing this significant board appointment.