Nagpur: MOIL Limited has appointed Ajay Kolte as Deputy General Manager (Materials) and designated him as Head of Department (HoD) – Materials, effective August 3, 2026.
The company disclosed the appointment to the stock exchanges on August 3, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was issued by Neeraj Dutt Pandey, Company Secretary and Compliance Officer, MOIL Limited.
The appointment is part of the company’s senior management changes and places Kolte in charge of the Materials department, including key functions related to materials management and procurement.
Ajay Kolte Takes Charge as HoD – Materials
With effect from August 3, 2026, Mr. Ajay Kolte will serve as Deputy General Manager (Materials) while also holding the responsibility of Head of Department – Materials at MOIL.
His appointment is governed by the existing service rules of the company. The official stock exchange filing did not specify his previous designation. Earlier, the Materials department was headed by Mr. Sanjay Chaudhari, General Manager – Materials.
The appointment is expected to ensure continuity in the leadership of the Materials division and strengthen the company’s management structure in this key operational area.
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Ajay Kolte’s Educational and Professional Background
Mr. Ajay Kolte has an academic background combining engineering and business management. His qualifications include:
- Bachelor of Engineering (B.E.) in Production
- Post Graduate Diploma in Business Management (PGDBM)
- Master of Business Administration (MBA) in Marketing and Human Resources
His multidisciplinary educational background is expected to support his responsibilities in materials management and related operational functions.
Appointment Disclosed Under SEBI Listing Regulations
MOIL communicated the senior management change to the National Stock Exchange of India Ltd. (NSE) and BSE Limited under the applicable SEBI disclosure requirements.The disclosure was made under Regulation 30 of the SEBI LODR Regulations, 2015, which requires listed companies to report material events and changes, including specified senior management changes. The company’s filing, referenced as CS/NSE-BSE/2026-27/142, confirms the appointment and designation of Mr. Ajay Kolte.
The personnel change is administrative in nature, with no separate financial implications or major strategic changes disclosed alongside the appointment.
Appointment to Strengthen Materials Management
The Materials division plays an important role in supporting the operational requirements of a mining and mineral-producing company. The appointment of Mr. Ajay Kolte as HoD – Materials is expected to strengthen departmental leadership and ensure effective management of procurement, inventory and materials-related activities.
The change forms part of MOIL’s efforts to maintain an effective management structure across key functional areas while ensuring continuity in its operations.
About MOIL Limited
MOIL Limited is a Miniratna Category-I Public Sector Enterprise under the Ministry of Steel, Government of India, and India’s largest producer of manganese ore. Headquartered in Nagpur, Maharashtra, the company operates several manganese mines across Maharashtra and Madhya Pradesh, supplying a critical raw material to the steel industry. Along with mining operations, MOIL focuses on mineral exploration, sustainable mining practices, capacity expansion and strategic joint ventures to strengthen its long-term growth and support India’s industrial development.
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