MOIL Limited , a leading manganese ore producer in India, has announced significant changes in its senior management, elevating two experienced executives to key General Manager positions. The company communicated these promotions to the stock exchanges on October 3, 2025, in compliance with SEBI regulations.

New Appointments

1. Shri Vikashranjan Parida has been appointed as General Manager (Technical). Parida brings a strong educational background to the role, holding a B.E. in Mining, a First Class Mine Manager's Certificate of Competency (MMCC), and an MBA in Human Resources.

2. Shri Rajesh Bhattacharya has been promoted to the position of General Manager (Production & Diversification). Bhattacharya's qualifications include a B.E. in Mining and Metallurgy, a First Class MMCC, and an MBA.

Effective Date and Terms

Both appointments are set to take effect from July 1, 2025. The promotions have been made in accordance with MOIL's service rules, reflecting the company's commitment to internal talent development and succession planning.

Company's Disclosure

In its filing to the National Stock Exchange of India and the Bombay Stock Exchange, MOIL Limited stated:

"In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform the following changes in the Senior Management [defined under regulation 16(1)(d) of SEBI (LODR), 2015] of the Company as per the communication received today (i.e. 03.10.2025)."

The company's prompt disclosure of these senior management changes demonstrates its adherence to regulatory requirements and commitment to transparency with its shareholders.

Impact on MOIL's Operations

These strategic promotions are likely to strengthen MOIL's technical and production capabilities. With Parida's expertise in technical aspects and Bhattacharya's focus on production and diversification, the company appears to be positioning itself for potential growth and operational enhancements in the manganese mining sector.

As MOIL continues to play a crucial role in India's manganese ore production, these leadership changes may contribute to the company's future strategies and performance in the mining industry.

MOIL Ltd , a leading manganese ore producer in India, has unveiled a series of price adjustments for its manganese ore products, set to take effect from October 1, 2025. The company's strategic pricing move reflects its response to market dynamics and aims to optimize its product portfolio.

Key Price Changes

• Ferro Grade Manganese Ore: Prices for all Ferro grades of manganese ore will see a 6.40% increase. This adjustment applies to both high-content (Mn-44% and above) and lower-content (below Mn-44%) Ferro grades.

• SMGR and Fines Grades: The company has implemented a 5.20% price hike for SMGR (Mn-30% and Mn 25%) and Fines grades.

• Chemical Grades: All Chemical grades of manganese ore will experience a 6.40% price increase.

• EMD (Electrolytic Manganese Dioxide): In contrast to the other categories, the basic price of EMD will decrease by ₹10,000.00 per metric ton, bringing it down to ₹1,95,000.00 PMT from the previous ₹2,05,000.00 PMT.

Market Implications

The diverse pricing strategy adopted by MOIL Ltd suggests a nuanced approach to different product categories. The significant increase in Ferro and Chemical grade prices may indicate strong demand in these sectors, possibly driven by the steel and chemical industries. Conversely, the reduction in EMD prices could be a move to stimulate demand or respond to market pressures in the battery and electronics sectors where EMD is commonly used.

Company's Disclosure

In compliance with regulatory requirements, MOIL Ltd has formally notified the National Stock Exchange of India Ltd and the Bombay Stock Exchange Limited about these price adjustments. The company stated that these changes are in line with its business practice of periodically revising prices for its manganese ore and other products.

About MOIL Ltd

MOIL Limited, a Government of India Enterprise, is one of the largest manganese ore producers in the country. The company plays a crucial role in meeting India's requirement of manganese ore for steel production, in addition to producing value-added products like Electrolytic Manganese Dioxide (EMD) and Ferro Manganese.

These price adjustments come shortly after MOIL's 63rd Annual General Meeting, held on September 30, 2025, where the company discussed its financial performance and future strategies with shareholders. The timing of these price changes suggests that they may be part of the company's broader strategic plans for the upcoming fiscal year.

As the manganese ore market continues to evolve, MOIL Ltd's pricing strategy will likely play a significant role in shaping its market position and financial performance in the coming months.