NALCO has announced a key leadership appointment to its Board of Directors, strengthening its commercial operations team. The state-owned aluminium major informed stock exchanges about this significant corporate development on January 5, 2026.

Board Appointment Details

The Ministry of Mines, Government of India, issued an order on January 5, 2026, appointing Shri Anil Kumar Singh as Director (Commercial) on NALCO's Board. The appointment carries specific terms and conditions that define the scope and duration of his role.

Terms and Conditions

Singh's appointment comes with clearly defined parameters regarding his tenure and responsibilities. His term will commence from the date of taking charge and continue until September 30, 2028, which marks his superannuation date. However, the appointment remains subject to any further orders that may be issued before this date.

The appointment includes a significant caveat, as it remains subject to the outcome of OA No. 352/2025 currently pending before the Central Administrative Tribunal (CAT) Cuttack. This legal proceeding may potentially impact the final confirmation of Singh's position.

Regulatory Compliance

NALCO fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by informing both BSE Limited and National Stock Exchange of India about this appointment. The company's communication was signed by B. K. Sahu, Company Secretary and Compliance Officer.

Pending Information

The company has indicated that additional details will be provided separately once Singh assumes charge as Director (Commercial). These forthcoming disclosures will include:

• His relationship with any existing Directors or Key Managerial Personnel
• Any debarment history from holding directorial positions
• His complete professional profile and background

This appointment represents NALCO's continued focus on strengthening its leadership team as the government enterprise maintains its position in India's aluminium sector.

National Aluminium Company has officially confirmed the award of a major Mine Development and Operations (MDO) contract worth ₹5032.00 crores to Dilip Buildcon Limited for the Pottangi Bauxite Mines. The formal announcement, made through a stock exchange filing, represents one of the largest mining contracts in the infrastructure sector and establishes a long-term strategic partnership between the two companies.

Official Contract Confirmation

National Aluminium Company formally communicated the contract award details to stock exchanges, providing comprehensive information about this significant business development. The official documentation confirms Dilip Buildcon Limited as the L-1 bidder for this prestigious mining contract.

Comprehensive Project Scope

The MDO contract encompasses the complete development and operation of Pottangi Bauxite Mines along with Overland Conveyor Corridor (OLCC) and allied facilities. This comprehensive scope demonstrates the strategic importance of the partnership and Dilip Buildcon's capabilities in managing large-scale mining operations.

Regulatory Compliance and Transparency

National Aluminium Company's official filing confirms that the promoter/promoter group/group companies have no interest in Dilip Buildcon Limited, ensuring complete transparency in the contract award process. The company has also confirmed that this transaction does not fall within related party transactions, maintaining regulatory compliance standards.

Strategic Significance

The official confirmation of this ₹5032.00 crore contract provides substantial revenue visibility for Dilip Buildcon over the 25-year period. For National Aluminium Company, this partnership ensures efficient mining operations at the Pottangi Bauxite Mines with fixed base mining charges of ₹423.00 per ton, providing cost predictability and operational clarity for the long-term engagement.