NMDC Appoints Shri Anurag Kapil as Director (Finance)
NMDC Limited appointed Shri Anurag Kapil as Director (Finance) for a five-year term starting March 31, 2026. Kapil brings 26 years of experience in finance and management from Indian Railways and CPSUs, including roles in the Ministry of Coal and Railway Board.
The appointment of a director is a standard governance procedure and typically has a low immediate impact on the company's operations or financial performance.
The appointment of a new director is a routine corporate event and does not inherently carry a positive or negative financial implication for the company.
NMDC Limited has announced the appointment of Shri Anurag Kapil as Director (Finance) on its Board. This appointment, made in accordance with the Ministry of Steel, Government of India's order dated 18th March 2026, is for a period of five years from his assumption of charge on 31st March 2026 (A/N).
Shri Anurag Kapil, an Indian Railway Accounts Service (IRAS) officer of the 1998 batch, brings over 26 years of experience in Indian Railways and Central Public Sector Undertakings (CPSUs). He holds a Chemistry (Honors) degree from Hans Raj College and an MBA in Finance & Marketing from the Faculty of Management Studies, University of Delhi, along with a Master's in Public Affairs from the University of Minnesota, USA. His previous roles include various positions in Indian Railways such as Sr. DFM, FA&CAO/Traffic, FA&CAO/Finance & General, and Deputy Chief Vigilance Officer. He also served as Director in the Ministry of Coal from 2013-2017 and was Executive Director Finance (Expenditure) in the Railway Board.
His expertise spans Finance Management, Government Accounting, Personnel Management, policy analysis, project evaluation, strategic planning, and PPP models. He has been instrumental in empowering Railway PSU governance, including the Navratna status of IRCTC & IRFC, capital restructuring of RITES & CONCOR, and examining proposals for bonus shares, share splits, and buybacks. As Director (Finance) CONCOR (Additional Charge), he enhanced the company's finances through strategic initiatives, leading to record container throughput, revenue, PAT, and dividend distribution, alongside a 1:4 bonus share distribution. He also spearheaded CONCOR's diversification into multimodal logistics.
Shri Anurag Kapil is not debarred from holding the office of Director by any SEBI order. None of the other Directors on the Board of NMDC Limited are related to him. The company has affirmed this information and provided an updated list of directors, including Shri Kapil, as Annexure-B.
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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 low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by NMDC Limited. Read the original for the full detail.