NMDC Steel Limited has announced a key leadership appointment, assigning additional charge of the Director (Personnel) position to Shri Joydeep Dasgupta, who currently serves as Director (Production). The appointment reflects the company's strategic approach to executive management during transitional periods.

Appointment Details

The assignment has been formalized through official government orders and carries specific tenure parameters:

Regulatory Framework

The appointment operates under a structured regulatory framework involving multiple government orders. The Ministry of Steel, Government of India issued Order No. S-14013/1/2025-BLA-Part(1) dated January 14, 2026, which references an earlier Order No. 4(3)/2022-NMDC dated March 20, 2023. This dual-order structure ensures proper authorization and continuity in the appointment process.

Compliance and Disclosure

NMDC Steel Limited has fulfilled its disclosure obligations under Regulation 30 of SEBI (LODR) Regulations, 2015, by notifying all relevant stock exchanges. The company communicated this development to BSE Limited (Scrip Code: 543768), National Stock Exchange of India Limited (Security ID: NSLNISP), and Calcutta Stock Exchange Limited (Scrip ID: 74920).

Corporate Structure Impact

The additional charge arrangement allows Shri Joydeep Dasgupta to oversee both production and personnel functions within the organization. This dual responsibility structure provides operational continuity while maintaining executive oversight across critical business functions. The three-month initial period offers flexibility for the company to evaluate long-term leadership arrangements.

The appointment demonstrates NMDC Steel Limited's commitment to maintaining robust governance standards while ensuring seamless operational management during leadership transitions.

NMDC Steel Limited has announced a key leadership appointment, assigning additional charge of the Director (Commercial) position to Shri Vinay Kumar, who currently serves as Director (Technical). The appointment follows directives from the Ministry of Steel, Government of India, and represents a strategic move to strengthen the company's commercial operations.

Appointment Details

The leadership change has been formalized through official government orders, ensuring proper regulatory compliance and governance standards.

Regulatory Framework

The appointment has been made in accordance with established government protocols and regulatory requirements. The decision stems from Ministry of Steel, Government of India Order No. S-14013/2/2025-BLA-Part(1) dated January 9, 2026, read with Order No. 4(3)/2022-NMDC dated March 20, 2023.

Key regulatory aspects include:

• Compliance with SEBI (LODR) Regulations, 2015, Regulation 30
• Adherence to Ministry of Steel directives
• Proper disclosure to stock exchanges
• Transparent communication to stakeholders

Stock Exchange Notification

NMDC Steel Limited has formally notified all relevant stock exchanges about this leadership change, maintaining transparency and regulatory compliance. The company is listed on multiple exchanges with the following identifiers:

• BSE Limited: Scrip Code 543768
• National Stock Exchange: Security ID NSLNISP
• Calcutta Stock Exchange: Scrip ID 74920

Corporate Governance

This appointment reflects NMDC Steel Limited's commitment to maintaining strong corporate governance standards while ensuring continuity in key leadership positions. The dual responsibility assigned to Shri Vinay Kumar demonstrates the company's confidence in his technical expertise and leadership capabilities across multiple functional areas.

The temporary nature of the appointment allows for flexibility while ensuring that commercial operations continue without disruption. The three-month initial period provides adequate time for strategic planning and potential permanent appointments as per government directives.