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NMDC Steel to Share New Finance Director with Parent NMDC

Story Highlights
  • The Government of India has appointed Anurag Kapil as Director Finance on the board of NMDC Limited for a five-year term.
  • By virtue of existing directives, Anurag Kapil will also serve as Director Finance on the board of NMDC Steel Limited upon assuming charge.
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NMDC Steel to Share New Finance Director with Parent NMDC

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An announcement from NMDC Steel Limited ( (IN:NSLNISP) ) is now available.

NMDC Steel Limited has announced that the Ministry of Steel, Government of India, has appointed Anurag Kapil, an Indian Railway Accounts Service officer currently serving as Executive Director (Finance)–Expenditure on the Railway Board, as Director (Finance) on the board of NMDC Limited for a five-year term or until further orders. Under an existing government directive that key NMDC Limited executives also hold corresponding positions at NMDC Steel Limited on a co-terminus basis, Kapil will additionally serve as Director (Finance) on NMDC Steel’s board once he formally assumes charge, reinforcing governance continuity and financial oversight across both entities.

More about NMDC Steel Limited

NMDC Steel Limited operates in India’s steel industry, focusing on the production and sale of steel products. The company is part of the broader NMDC group, a government-linked enterprise with strategic importance to the country’s metals and infrastructure sectors, and its leadership is closely aligned with appointments made by the Ministry of Steel.

Average Trading Volume: 402,818

Technical Sentiment Signal: Sell

Current Market Cap: 108.3B INR

For an in-depth examination of NSLNISP stock, go to TipRanks’ Overview page.

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