MOIL Limited, a Government of India enterprise, has announced an upcoming board meeting to review its third-quarter financial performance and consider dividend distribution for shareholders. The company has formally notified stock exchanges about the scheduled meeting in compliance with regulatory requirements.

Board Meeting Details

The board of directors meeting has been scheduled for Friday, January 30, 2026, with specific agenda items outlined for shareholder consideration.

Regulatory Compliance

The announcement was made pursuant to Regulation 29 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This regulation mandates companies to inform stock exchanges about board meetings where financial results or dividend declarations are considered.

The notice was officially communicated to both the National Stock Exchange of India Limited and BSE Limited on January 20, 2026, ensuring proper regulatory compliance and transparency.

Company Information

MOIL Limited operates as a Government of India enterprise with its headquarters located at MOIL Bhavan, 1A, Katol Road, Nagpur. The company maintains its corporate identity number as L99999MH1962GOI012398, reflecting its incorporation status and regulatory framework.

The formal communication was signed by Neeraj Dutt Pandey, who serves as the Company Secretary and Compliance Officer, ensuring proper authorization and documentation of the board meeting notice.

MOIL Limited has announced the appointment of Shri Vishwanath Suresh as Chairman-cum-Managing Director, effective January 07, 2026. The Government of India, through the Ministry of Steel, issued the appointment order dated January 07, 2026, and Shri Suresh has assumed charge of his new role on the same date.

Appointment Details

The appointment comes through an official communication from the Government of India, with the tenure extending from the date of assumption of charge until Shri Suresh's superannuation on August 31, 2030, or until further orders, whichever is earlier.

MOIL Limited has confirmed that Shri Vishwanath Suresh is not related to any Director or Key Managerial Personnel of the company. He is not debarred from holding the office of Director by SEBI or any other authority and meets all qualification requirements under Section 164 of the Companies Act, 2013.

Professional Background and Qualifications

Shri Vishwanath Suresh brings extensive experience spanning over three decades in the mining and manufacturing sector. He is an alumnus of the National Institute of Technology, Rourkela, with a degree in Metallurgical Engineering. His educational credentials also include a Master's degree in Business Administration (MBA) in Marketing and a certificate in Advanced Strategic Management from IIM Kozhikode.

Previous Leadership Roles

Before joining MOIL Limited, Shri Suresh held the position of Director (Commercial) at NMDC Limited. His career progression includes significant roles at Steel Authority of India Limited (SAIL), where he served as Executive Director (Coal Import) and held additional charge as Executive Director (Corporate Materials Management).

His professional expertise encompasses multiple areas including:

• Sales and marketing of steel and iron ore in domestic and international markets
• Strategic procurement and materials management
• Policy development and strategic management
• Systems improvement initiatives
• Revenue enhancement and sales optimization

Board Positions and Directorships

Shri Suresh has served as Director in various group companies of NMDC, demonstrating his extensive experience in corporate governance and strategic leadership. His directorship portfolio includes:

• NMDC Steel Limited
• NMDC CSR Foundation
• NMDC-CMDC Limited
• Bastar Railway Private Limited
• Krishnapatnam Railway Company Limited
• Jharkhand National Mineral Development Corporation Limited
• Legacy Iron Ore Limited

Market Response

Following the leadership announcement, MOIL Limited shares closed lower on January 07, 2026. The stock ended the trading session at ₹376.85, declining by ₹3.70 or 0.97% from the previous close.

The appointment of Shri Vishwanath Suresh as Chairman-cum-Managing Director brings seasoned leadership to MOIL Limited, with his proven track record in commercial operations, strategic management, and extensive experience across the mining and steel sectors positioning him to lead the company's future growth initiatives.