MOIL Limited announced the cessation of Shri Iqbal Singh Chahal, IAS, as the Government of Maharashtra Nominee Director on its Board. The cessation is effective from 31.01.2026 following his superannuation as the Additional Chief Secretary (Mines). The company received official communication from the Government of Maharashtra regarding this change, which has been duly noted by the Board.
Cessation of Government Nominee Director
MOIL Limited has officially informed the stock exchanges regarding a change in its Board composition. The company confirmed the cessation of the services of Shri Iqbal Singh Chahal, IAS, who was serving as the Nominee Director representing the Government of Maharashtra.
Reason for Departure
The cessation occurred because Shri Iqbal Singh Chahal, IAS, superannuated from his position as the Additional Chief Secretary (Mines) for the Government of Maharashtra. This superannuation was effective after the working hours on 31.01.2026. MOIL received the requisite email confirmation regarding this administrative change today, 05.03.2026.
Compliance and Formalities
Accordingly, Shri Chahal has ceased to be the Nominee Director on the Board of MOIL Limited effective from the close of business on January 31, 2026. This intimation serves as the formal notice to the Listing Departments of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) for compliance purposes.
Source: BSE
