New Delhi: MMTC Ltd has strengthened its senior management team with the appointment of Kundan Kumar Mishra as Director (Finance). Mishra, who previously served as an Additional General Manager at NTPC Limited, has been appointed for a five-year term following approval from the Government of India.
He assumed charge as Director (Finance) at MMTC on August 3, 2026.
Government Approves Kundan Kumar Mishra’s Appointment
According to MMTC’s stock exchange filing, Mishra’s appointment was cleared by the Appointments Committee of the Cabinet (ACC) based on the recommendation of the Public Enterprises Selection Board (PESB). Following the completion of the required corporate approvals, MMTC informed the NSE and BSE about the appointment.
Mishra will serve as Director (Finance) for a five-year period and will be responsible for overseeing the company’s financial functions and strategic financial planning.
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Kundan Kumar Mishra Has Over 28 Years of Experience
Mishra brings more than 28 years of professional experience in finance, business development and corporate management.
He is a graduate in Chemistry and a Fellow Member of the Institute of Cost Accountants of India.
Before joining MMTC, Mishra was associated with NTPC and held several key positions. His professional experience includes:
- Additional General Manager at NTPC Limited
- DGM/CFO at KBUNL, an NTPC subsidiary
- AGM (Business Development)
- Experience at CMHQ Ranchi
During his career, he has worked across financial planning, budgeting, stakeholder negotiations and business operations.
Mishra’s Finance and Management Experience
Mishra has been involved in strengthening strategic financial planning and financial controls during his career.
As CFO of KBUNL, he was responsible for financial planning, budgeting and stakeholder engagement. He has also handled the monitoring of overall operations and maintained budget and capital budget controls. His experience in strategic finance and corporate management is expected to support MMTC’s financial operations and long-term business planning.
What Will Kundan Kumar Mishra Handle at MMTC?
As Director (Finance), Mishra will oversee key financial and strategic functions at MMTC.
His responsibilities will include:
- Financial operations and management
- Budget and capital budget planning
- Strategic financial planning
- Financial controls
- Stakeholder engagement
- Supporting the company’s long-term financial strategy
His previous experience with NTPC and its subsidiary is expected to bring additional expertise to MMTC’s senior management team.
MMTC Confirms Regulatory Compliance
MMTC has also confirmed that Mishra is not debarred from holding the office of Director under any order issued by the Securities and Exchange Board of India (SEBI) or any other authority. The company further stated that he has no relationship with any of the existing directors of MMTC Limited.
The appointment disclosure was submitted to the NSE and BSE in compliance with the applicable SEBI requirements, including SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Key Details of the Appointment
- Appointee: Kundan Kumar Mishra
- New Position: Director (Finance), MMTC Ltd
- Previous Organisation: NTPC Limited
- Previous Position: Additional General Manager
- Experience: More than 28 years
- Term: Five years
- Date of Joining MMTC: August 3, 2026
- Appointment Approved By: Appointments Committee of the Cabinet
- Recommended By: Public Enterprises Selection Board
About MMTC Ltd
MMTC Limited is one of India’s largest public sector trading companies operating under the Ministry of Commerce & Industry. Established in 1963, the company is engaged in international and domestic trade of minerals, precious metals, coal, fertilizers, agro products, and engineering goods. MMTC also plays a significant role in promoting India’s trade and commercial interests globally through strategic partnerships and diversified business operations.
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