20 October 2026
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Check All the Key PSU Leadership Retirements in 2025

In 2025, a total of 23 CMDs and MDs of various Public Sector Undertakings (PSUs) are set to retire
Indian Masterminds Stories

In 2025, a total of 23 Chairman-cum-Managing Directors (CMDs) and Managing Directors (MDs) of various Public Sector Undertakings (PSUs) are set to retire. Some of the notable retirements include:

  • January: Mr. P S Mishra (CMD, South Eastern Coalfields Ltd) and Mr. Subhash Chand Gupta (CMD, Mumbai Railway Vikas Corporation Ltd).
  • April: Dr. Mukesh Kumar (MD, Indian Medicines Pharmaceuticals Corporations Ltd) and Mr. S R Narasimhan (CMD, Grid Controller of India Ltd).
  • May: Mr. Pradip Kumar Das (CMD, Indian Renewable Energy Development Agency Ltd), Mr. Ajay Kumar Jolly (MD, The Jute Corporation of India Ltd), Mr. Sanjeev Razdan (CMD, Pawan Hans Ltd), and Mr. Sajeey B (CMD, Hindustan Organic Chemicals Ltd).
  • June: Mr. Raj Kumar Chaudhary (CMD, NHPC Ltd) and Mr. R P Gupta (MD, Solar Energy Corporation of India).
  • July: Mr. Gurdeep Singh (CMD, NTPC Ltd), CMDE Mr. Hemant Khatri (CMD, Hindustan Shipyard Ltd), Mr. Amar Singh Rathore (CMD, FCI Aravali Gypsum And Minerals India Ltd), and Mr. Dilip Kumar Gupta (MD, Sagarmala Development Company Ltd).
  • August: Mr. Samiran Dutta (CMD, Bharat Coking Coal Ltd), Ms. Barnali Barua Tokhi (MD, Bharat Petro Resources Ltd), and Commodore Mr. Kamlesh Kumar (CMD, Hindustan Salts Limited).
  • October: Mr. Manoj Kumar (CMD, Central Mine Planning & Design Institute Ltd), Mr. PM Prasad (CMD, Coal India Ltd).
  • December: Ms. Madhu S Nair (CMD, Cochin Shipyard Limited), Mr. Ajit Kumar Saxena (CMD, MOIL Ltd), Mr. Arun Kumar Singh (Chairman, ONGC), and Mr. Shriniwas Chandrashekhar Mudgerikar (CMD, Rashtriya Chemicals and Fertilizers Ltd).

These retirements signify important leadership transitions across India’s key PSUs.


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