NMDC Appoints Anurag Kapil as Director (Finance) for 5 Years
NMDC Limited appointed Shri Anurag Kapil as Director (Finance) for a five-year term starting March 31, 2026. He will also serve as CFO and KMP. Kapil brings over 26 years of experience from Indian Railways and PSUs.
A change in a key managerial position like Director (Finance) can have a medium-term impact on the company's financial strategy and operations.
The announcement is a routine management change and does not contain information that would positively or negatively impact the company's stock.
NMDC Limited announced the appointment of Shri Anurag Kapil as Director (Finance) of the company, effective March 31, 2026 (Afternoon), for a period of five years or until further orders, whichever is earlier. This appointment is in accordance with the Ministry of Steel, Government of India's Order dated March 18, 2026.
Consequent to this appointment, Shri Anurag Kapil will also be deemed as the Chief Financial Officer (CFO) and Key Managerial Person (KMP) of the company. Smt. G Anupama, who was previously designated as Whole Time CFO and KMP, has ceased to hold these positions as of March 31, 2026 (Afternoon).
Shri Anurag Kapil brings over 26 years of experience from Indian Railways and Central Public Sector Undertakings. He is an alumnus of Hans Raj College and Faculty of Management Studies, University of Delhi, and holds a Master’s in Public Affairs from the University of Minnesota, USA. His prior roles include FA&CAO, Deputy Chief Vigilance Officer, Director in the Ministry of Coal, and Executive Director Finance (Expenditure) in the Railway Board. He also served as Director (Finance) with additional charge at CONCOR, contributing to financial growth and strategic diversification.
The company has made these disclosures in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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NMDC Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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