NMDC Limited has announced a key change in management: Shri Anurag Kapil has been appointed as Director (Finance) and will concurrently serve as the Chief Financial Officer (CFO) and Key Managerial Person (KMP). This appointment is effective from the afternoon of 31st March 2026 for a term of five (5) years. Consequently, Smt. G Anupama has ceased to hold the roles of CFO and KMP as of the same date.
Key Management Change Confirmed
NMDC Limited has formalized the transition regarding the position of its Chief Financial Officer (CFO). This announcement follows an earlier communication informing stakeholders about the temporary designation of Smt. G Anupama following the intended succession.
Effective from the afternoon of 31st March 2026, Shri Anurag Kapil (DIN 06640383) officially assumes the role of Director (Finance) in NMDC Limited. This appointment, ordered by the Ministry of Steel, Government of India, is for a period of five (5) years or until further orders, whichever is earlier.
As a direct result of this appointment, Shri Anurag Kapil is deemed to be the Chief Financial Officer (CFO) and Key Managerial Person (KMP) of the Company starting from 31st March 2026 (A/N) for the same tenure.
Cessation of Previous Tenure
Correspondingly, Smt. G Anupama, Chief General Manager (Finance), has ceased to be the CFO and KMP of the Company, effective 31.03.2026 (A/N). Her prior designation was temporary, pending the assumption of charge by the new incumbent.
Profile of the New Director (Finance)
Shri Anurag Kapil is an officer of the Indian Railway Accounts Service (IRAS), 1998 batch, bringing over 26 years of extensive experience across Indian Railways and various Central Public Sector Undertakings.
Academically, he holds qualifications from Hans Raj College and the Faculty of Management Studies, University of Delhi, along with a Master’s in Public Affairs from the University of Minnesota, USA.
His professional background includes significant roles such as FA&CAO, Deputy Chief Vigilance Officer, Director in the Ministry of Coal, and Executive Director Finance (Expenditure) in the Railway Board. Furthermore, he played a pivotal role in policy formulation and financial management during his tenure as Director (Finance) (Additional Charge) at CONCOR, where he drove financial growth and strategic diversification.
Term and Disclosures
- Date of Appointment: 31st March 2026.
- Term: A period of five (5) years from the date of assuming charge.
- Relationship Disclosure: The disclosure regarding relationships between directors is Not Applicable for this appointment.
The complete details regarding these changes have been made available on the Company’s official website.
Source: BSE
