NMDC Steel assigns additional Finance Director charge to CMD Amitava Mukherjee
NMDC Steel Limited has assigned additional charge of Director (Finance) to Chairman & Managing Director Shri Amitava Mukherjee for 3 months from December 6, 2025 to March 5, 2026. The interim appointment, authorized by Ministry of Steel orders, ensures continuity in financial leadership until a regular incumbent assumes charge.
*this image is generated using AI for illustrative purposes only.
NMDC Steel Limited has announced a key leadership change, assigning additional charge of the Director (Finance) position to its current Chairman & Managing Director, Shri Amitava Mukherjee. The appointment comes as an interim measure to ensure continuity in the company's financial leadership.
Leadership Assignment Details
The assignment has been made through official orders from the Ministry of Steel, Government of India, demonstrating the government's direct involvement in the company's leadership structure as a state enterprise.
| Parameter: | Details |
|---|---|
| Position: | Director (Finance) - Additional Charge |
| Appointee: | Shri Amitava Mukherjee |
| Current Role: | Chairman & Managing Director |
| Effective Date: | December 6, 2025 |
| Duration: | 3 months |
| End Date: | March 5, 2026 |
Regulatory Framework
The appointment has been formalized under Regulation 30 of SEBI (LODR) Regulations, 2015, which mandates disclosure of material events and information. The company has duly informed all major stock exchanges where its shares are listed.
Stock Exchange Notifications
NMDC Steel Limited has communicated this development to three stock exchanges:
- BSE Limited: Scrip Code 543768
- National Stock Exchange of India Limited: Security ID NSLNISP
- Calcutta Stock Exchange Limited: Scrip ID 74920
Government Orders and Authority
The assignment is backed by specific government orders that provide the legal framework for this interim arrangement. The Ministry of Steel issued Order No. S-14013/1/2024-BLA-Part(1) dated January 27, 2026, which references an earlier Order No. 4(3)/2022-NMDC dated March 20, 2023.
The appointment will remain effective until the earliest of three conditions: completion of the 3-month period, assumption of charge by a regular incumbent, or issuance of further orders from the government.
Company Background
NMDC Steel Limited operates as a Government of India enterprise with its registered office located at NMDC Iron & Steel Plant, Post: Nagarnar, District: Bastar, Chhattisgarh. The company holds Corporate Identity Number L27310CT2015GOI001618, reflecting its incorporation in 2015.
Historical Stock Returns for NMDC Steel
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.88% | -1.19% | -7.73% | -6.54% | -11.00% | +23.34% |
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