McNally Bharat Engineering Company Limited

Key Action

The Board of Directors of the Company, through a resolution passed by circulation on 24th August 2026, approved the appointment of Mr. Pradip Kumar Bishnoi (DIN: 00732640) as the Non-executive Chairman of the Company and its Board of Directors. Mr. Bishnoi was previously serving as an Independent Director on the Board.

Effective Date and Term

The appointment is effective immediately from 24th August 2026. Mr. Bishnoi will hold office as Non-executive Chairman up to 5th January 2030, which represents the residual tenure of his existing appointment as Independent Director, or until otherwise determined by the Board, whichever occurs earlier.

Director Profile and Experience

Mr. Pradip Kumar Bishnoi holds a Bachelor's degree in Petroleum Engineering (B.E.) and a Masters in Business Management from IIM, Ahmedabad. He has also completed a Management Programme at Oxford, UK and a Programme on Utility Regulators at World Bank, Florida University, USA.

He brings over 45 years of professional experience across multiple sectors including steel, natural gas, industrial packaging, and lubricants. His previous leadership roles include:

  • Chairman and Managing Director of Rashtriya Ispat Nigam Limited
  • Managing Director of Balmer Lawrie & Co. Limited
  • Former member of Petroleum & Natural Gas Regulatory Board

Mr. Bishnoi was awarded a Gold Medal by the Prime Minister for development work in 2008. He has served as a member of the Petroleum & Natural Gas Regulatory Board since 2012 and was on the Board of Standing Council of Public Enterprises as well as the World Steel Association.

Current Directorships

Mr. Bishnoi currently serves as an Independent Director on the boards of:

  • Rane (Madras) Limited
  • Rane Engine Valve Limited
  • Avadh Sugar & Energy Limited

Relationship Disclosure

The company confirms that Mr. Pradip Kumar Bishnoi is not related to any other Director or Key Managerial Personnel of McNally Bharat Engineering Company Limited.

Status Clarification

The appointment as Non-Executive Chairman does not affect or dilute Mr. Bishnoi's status, tenure, or terms of appointment as an Independent Director of the Company. He continues to hold office as an Independent Director concurrently with his new role as Chairman.