NMDC has reported robust operational performance for January 2026, showcasing significant growth in both iron ore production and sales compared to the corresponding period in the previous year. The mining giant's latest operational update reflects strong momentum in its core business activities.

Production Performance

The company achieved notable growth in iron ore production during January 2026, with output reaching 5.56 million tonnes compared to 5.10 million tonnes recorded in January 2025. This represents a substantial year-over-year increase of 9.02%, demonstrating the company's enhanced operational capabilities and efficient resource utilization.

Sales Achievement

NMDC's sales performance also showed positive trajectory during the review period. The company recorded iron ore sales of 4.79 million tonnes in January 2026, marking an improvement from 4.48 million tonnes achieved in January 2025. This translates to a year-over-year growth of 6.92% in sales volume.

Operational Efficiency

The simultaneous growth in both production and sales volumes indicates NMDC's ability to effectively convert increased production into market sales. The company maintained strong operational efficiency while meeting market demand for iron ore during January 2026. This performance reflects the mining company's continued focus on optimizing its production processes and maintaining steady supply to customers.

NMDC Steel Limited has announced a change in its board composition following the superannuation of its Director (Personnel). The government enterprise informed stock exchanges about the cessation of Smt. Priyadarshini Gaddam from her directorial position effective 31.01.2026.

Board Transition Details

Smt. Priyadarshini Gaddam, who held Director Identification Number (DIN) 10977645, was appointed as Director (Personnel) by the Ministry of Steel, Government of India through Order No. 3(3)/2020-BLA dated 28.02.2025 read with earlier Order dated 20.03.2023. Upon reaching the age of superannuation on 31.01.2026, she ceased to be Director (Personnel) and was relieved from the company's services on the same date.

Current Board Composition

Following the transition, NMDC Steel Limited's board comprises functional directors and government nominee directors. The functional directors include Shri Amitava Mukherjee serving as Chairman & Managing Director with additional charge as Director (Finance), Shri Vinay Kumar as Director (Technical) with additional charge as Director (Commercial), and Shri Joydeep Dasgupta as Director (Production) with additional charge as Director (Personnel).

Functional Directors Structure

Government Nominee Directors

The board also includes two government nominee directors from the Ministry of Steel: Shri Ashish Chatterjee, Additional Secretary & Financial Advisor (DIN: 07688473), and Shri Abhijit Narendra, Joint Secretary (DIN: 07851224).

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. NMDC Steel Limited communicated the board changes to BSE Limited (Scrip Code: 543768), National Stock Exchange of India Limited (Security ID: NSLNISP), and The Calcutta Stock Exchange Limited (Scrip ID: 74920) through their respective listing platforms. Company Secretary Aniket Kulshreshtha digitally signed the disclosure document dated 01.02.2026.