NMDC Steel Limited has announced the appointment of Shri Anurag Kapil as Director (Finance) on its Board. The appointment, communicated by the Ministry of Steel, Government of India, is effective immediately and will last for a period of five years or until further orders.
Anurag Kapil, who is an Indian Railway Accounts Service (IRAS) officer and currently serves as Executive Director (Finance) – Expenditure at the Railway Board, will assume his new role on an immediate absorption basis. This strategic appointment is expected to enhance the financial oversight and governance of NMDC Steel Limited.
Additionally, the Ministry of Steel had previously indicated that the Chairman and Managing Director (CMD), Functional Directors, and Government Directors of NMDC Limited would also hold corresponding positions at NMDC Steel Limited on a co-terminus basis. This arrangement will remain in effect until further communication.
Kapil’s dual role as Director (Finance) on the Boards of both NMDC Limited and NMDC Steel Limited underscores the integrated leadership approach being adopted by the organisations.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).