New Delhi: MOIL Limited has announced the appointment of Ms. Sonali Sanjit Nagvenkar as a Non-Official Director (NOD) on the company’s Board of Directors. The appointment has been made by the Government of India through order No. 1/1/2026-BLA dated July 14, 2026.
The company informed the stock exchanges about the appointment and stated that further details required under applicable regulations will be shared in due course.
Sonali Sanjit Nagvenkar Appointed as Non-Official Director of MOIL
Ms. Sonali Sanjit Nagvenkar has been appointed as a Non-Official Director on the Board of MOIL Limited for a period of three years from the date of notification of her appointment.
Her tenure will continue for three years or until further orders, whichever is earlier. The appointment remains subject to the completion of mandatory procedural requirements.
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Appointment Effective After DIN Allotment and IICA Registration
The appointment of Ms. Sonali Sanjit Nagvenkar will become effective from the date of:
- Allotment of Director Identification Number (DIN).
- Registration in the Independent Director’s Data Bank maintained by the Indian Institute of Corporate Affairs (IICA) under the Ministry of Corporate Affairs.
These formalities are necessary for officially assuming the position on the company’s Board.
MOIL Shares Appointment Update with Stock Exchanges
MOIL Limited submitted the appointment information to the National Stock Exchange of India Ltd. (NSE) and the Bombay Stock Exchange Limited (BSE) on July 15, 2026.
The company confirmed that additional information related to the appointment, as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will be provided separately.
Importance of the Board Appointment
The appointment of a Non-Official Director marks an important governance development for MOIL Limited, strengthening the company’s Board structure and supporting effective decision-making in line with government guidelines for public sector enterprises. The move comes as part of the ongoing process of maintaining strong corporate governance practices in government-owned companies.
About MOIL Limited
MOIL Limited is a Mini Ratna Category-I Central Public Sector Enterprise under the Government of India. The company is primarily engaged in the exploration and mining of manganese ore and is the largest producer of manganese ore in India. Headquartered in Nagpur, Maharashtra, MOIL plays a key role in supplying manganese ore to industries such as steel, ferroalloys, and other manufacturing sectors.
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