NMDC Steel Limited has announced the extension of additional charge of the Director (Commercial) post to Shri Vinay Kumar, Director (Technical), for an additional period of one year. The company informed stock exchanges about this development through a regulatory filing under SEBI (LODR) Regulations, 2015.

Extension Details

The extension has been approved through Ministry of Steel, Government of India Order No. S-14013/2/2025-BLA-Part(1) dated March 30, 2026, read with Order No. 4(3)/2022-NMDC dated March 20, 2023. The arrangement represents a continuation of the existing additional charge assignment that was previously communicated to exchanges in January 2026.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, which mandates disclosure of material events and information. The company has informed all three stock exchanges where its shares are listed:

• BSE Limited: Scrip Code 543768
• National Stock Exchange of India Limited: Security ID NSLNISP
• Calcutta Stock Exchange Limited: Scrip ID 74920

Management Structure

Shri Vinay Kumar will continue to hold dual responsibilities as Director (Technical) while managing the additional charge of Director (Commercial). The arrangement will remain in effect until one of three conditions is met: completion of the one-year extension period, assumption of charge by a regular incumbent for the Director (Commercial) position, or receipt of further orders from the government.

The communication was signed by Company Secretary Aniket Kulshreshtha on March 31, 2026, ensuring timely disclosure to stakeholders and regulatory compliance.

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.