Change in Director / Key Managerial Personnel

  • Nature of Change: Appointment of Director (Commercial)
  • Appointee: Shri Vivek Nishant Nath (DIN: 11832511)
  • Effective Date: 15th July 2026
  • Tenure: Five years from assumption of charge or until further orders, whichever is earlier
  • Appointing Authority: Ministry of Steel, Government of India via Order No. S-14013/2/2025-BLA dated 14th July 2026

Brief Profile and Qualifications:

  • Seasoned mining and metals professional with over three decades of experience
  • Expertise in sales and marketing, international commercial operations, procurement, logistics, and supply chain management
  • Educational Background:
  • Alumnus of Indian Institute of Technology (Indian School of Mines), Dhanbad
  • MBA in International Business from Symbiosis Centre for Management Studies, Pune
  • Management Development Programme from Indian Institute of Management (IIM), Indore
  • Career History:
  • Began career with NMDC in 1992 (15 years in commercial roles)
  • Held key positions at Essar Steel Limited and ArcelorMittal Nippon Steel India
  • Joined Odisha Mining Corporation Limited (OMC) as General Manager (Sales & Marketing) in 2021
  • Promoted to Chief General Manager (Sales & Marketing) at OMC in 2024
  • Achievements at OMC:
  • Led sales and marketing functions for iron ore, chrome ore, manganese ore, bauxite, limestone, and ferrochrome
  • Drove iron ore sales growth from 12.33 million tonnes in FY 2020-21 to 38.26 million tonnes in FY 2025-26
  • Implemented customer-centric initiatives, transparent pricing mechanisms, digital transformation, and logistics reforms
  • Professional Recognition:
  • Authored more than 11 research papers on mining and metals sector issues
  • Keynote and guest speaker at national and international forums including SGX, Fastmarkets, Mysteel, SMM, IMARC, Metal Junction, Metalogic, and Steelmint

Governance and Compliance:

  • No relationship exists between Shri Vivek Nishant Nath and any other directors on the Board of NMDC Limited
  • Confirmed that Shri Nath is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority

Updated Board Composition:

Functional Directors:

1. Shri Amitava Mukherjee - Chairman & Managing Director (DIN: 08265207)

2. Shri Vinay Kumar - Director (Technical) (DIN: 10172521)

3. Shri Joydeep Dasgupta - Director (Production) (DIN: 10837095)

4. Shri Krishna Kumar Thakur - Director (Personnel) (DIN: 10172666)

5. Shri Anurag Kapil - Director (Finance) (DIN: 06640383)

6. Shri Vivek Nishant Nath - Director (Commercial) (DIN: 11832511)

Government Nominee Directors:

7. Shri Ashish Chatterjee - Additional Secretary & Financial Advisor, Ministry of Steel (DIN: 07688473)

8. Shri Abhijit Narendra - Joint Secretary, Ministry of Steel (DIN: 07851224)

Non-Official Independent Directors:

9. Shri Bharat Baburao Patil (DIN: 01709981)

10. Shri Mahendra Singh Rao (DIN: 11112103)

11. Shri Achal Kumar Sinha (DIN: 11186445)