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MOIL Chairman-cum-MD Ajit Kumar Saxena Retires on Superannuation

Story Highlights
  • MOIL Limited’s Chairman-cum-MD Ajit Kumar Saxena retired after reaching superannuation.
  • His cessation marks a leadership transition at the state-run manganese producer, raising focus on succession plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MOIL Chairman-cum-MD Ajit Kumar Saxena Retires on Superannuation

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Moil Limited ( (IN:MOIL) ) has shared an update.

MOIL Limited has announced that its Chairman-cum-Managing Director, Ajit Kumar Saxena, has retired on attaining the age of superannuation on 31 December 2025 and ceased to hold the position with effect from 1 January 2026. The leadership change at the state-run manganese producer marks a transition at the top of the organisation, and investors and other stakeholders will now look for clarity on succession and continuity in strategic direction, given the company’s importance in the manganese and steel supply chain.

More about Moil Limited

MOIL Limited is a Government of India enterprise headquartered in Nagpur, Maharashtra, primarily engaged in the mining and production of manganese ore, a key raw material for the steel and allied industries in India and abroad. As a listed public sector company on Indian stock exchanges, it plays a strategic role in the country’s mineral and metals value chain.

Average Trading Volume: 57,908

Technical Sentiment Signal: Buy

Current Market Cap: 72.68B INR

See more data about MOIL stock on TipRanks’ Stock Analysis page.

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