New Delhi: The Public Enterprises Selection Board (PESB) has not recommended any candidate for the post of Chairman and Managing Director (CMD) of Yantra India Limited after conducting interviews in its selection meeting held on May 16, 2026.
The board has advised the administrative ministry to explore alternative appointment mechanisms, including the Search-cum-Selection Committee (SCSC) route, to fill the vacant top post.
PESB Selection Meeting Held on May 16, 2026
The selection interview for the CMD post of Yantra India Limited was conducted at 9:00 AM as part of PESB Meeting No. 38/2026.
Key details:
- Date of meeting: May 16, 2026
- Post: Chairman & Managing Director (CMD), Yantra India Limited
- Status: Post currently vacant
- Outcome: No candidate found suitable
The decision was formally recorded as Minute No. 4 of the meeting.
Three Defence Production Officials Interviewed
Three candidates from the Defence Production sector were interviewed for the top leadership role:
- Mr. Kundan Singh – Executive Director
- Mr. Surendra Dhapodkar – Senior Deputy Director General
- Mr. Shiva Shankar Prasad – Chief General Manager
Despite evaluating all shortlisted officials, PESB concluded that none met the requirements for the CMD position.
PESB Advises Alternative Selection Process
Following the outcome, PESB recommended that the administrative ministry take appropriate action for the next round of selection.
Possible options include:
- Formation of a Search-cum-Selection Committee (SCSC)
- Any other suitable method approved by the competent authority
- Fresh selection process under Department of Defence Production
The move aims to ensure the appointment of a suitable candidate for the crucial leadership role.
About Yantra India Limited
Yantra India Limited is a Schedule ‘A’ public sector enterprise under the Ministry of Defence. The company is engaged in the manufacturing of weapons, ammunition, and defence equipment, playing a key role in strengthening India’s indigenous defence production ecosystem.
