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Orissa Minerals Development Company Limited ( (IN:ORISSAMINE) ) has shared an update.
The Orissa Minerals Development Company Limited has announced the nomination of Shri Manish Raj Gupta as its Non-Executive Chairman with effect from 20 January 2026, replacing Shri Ajit Kumar Saxena, who ceased to be a director following his superannuation on 31 December 2025. Gupta, currently Director (Technical, Projects & Raw Materials) at Steel Authority of India Limited and holding additional charge as Chairman-cum-Managing Director of Rashtriya Ispat Nigam Limited, brings over three decades of experience in the steel industry and is confirmed to be in full regulatory compliance, ensuring that OMDC’s board composition remains aligned with the Companies Act and SEBI listing norms, which supports continuity in governance and strategic oversight for stakeholders.
More about Orissa Minerals Development Company Limited
The Orissa Minerals Development Company Limited (OMDC) operates in the mining and minerals sector, focusing on the development and production of mineral resources in India. As a listed entity on major Indian stock exchanges, it functions under the broader umbrella of state-linked steel and mining enterprises, aligning its governance and board structure with regulatory requirements and directives from government-owned steel companies.
Average Trading Volume: 653
Technical Sentiment Signal: Sell
Current Market Cap: 26.89B INR
Find detailed analytics on ORISSAMINE stock on TipRanks’ Stock Analysis page.