Nagpur: Mr. Iqbal Singh Chahal, IAS (born 20 January 1966), a retired 1989 batch IAS officer of Maharashtra cadre, has officially ceased to be the Government of Maharashtra’s Nominee Director on the board of MOIL Limited, effective January 31, 2026, following his superannuation as Additional Chief Secretary (Mines), Government of Maharashtra.
The company, headquartered at MOIL Bhavan, Nagpur, informed both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) about this change as part of corporate governance compliance to maintain transparency for shareholders and stakeholders.
Valuable Contributions During Tenure
Mr. Chahal brought extensive administrative experience from the Maharashtra government and served as a crucial link between the state government and MOIL. During his tenure as nominee director, he provided strategic guidance that significantly contributed to MOIL’s initiatives in the mining and mineral sector.
MOIL Limited acknowledged his valuable insights and leadership and expressed appreciation for his service, wishing him success in his future endeavors.
Read also: MOIL Reports Q3 FY26 Net Profit of ₹52.92 Cr; Declares Second Interim Dividend of ₹3.53/Share
Reason for Departure and Compliance
The cessation of Mr. Chahal’s tenure occurred due to his superannuation as Additional Chief Secretary (Mines) on January 31, 2026. The company received official communication from the Government of Maharashtra regarding this administrative change.
Following standard compliance procedures, MOIL formally notified the listing departments of NSE and BSE about Mr. Chahal’s cessation to ensure complete transparency and adherence to corporate governance norms.
About MOIL Limited
MOIL Limited is one of India’s leading public sector undertakings engaged in manganese ore mining. Headquartered in Nagpur, the company focuses on operational excellence, sustainable mining practices, and contributing to the nation’s resource development. With a strong emphasis on corporate governance and stakeholder transparency, MOIL continues to play a vital role in India’s mining sector.
Read also: MOIL Limited to Announce Q3 FY26 Results and 2nd Interim Dividend on January 30, 2026
