NMDC Steel Limited has announced the appointment of Shri Anurag Kapil as Director (Finance) on its Board. This appointment is effective from the close of business on March 31, 2026, for a tenure of five years or until further orders. Shri Kapil, an experienced IRAS officer, brings 26 years of expertise in finance, government accounting, and strategic management across Indian Railways and CPSUs. The company affirmed that he is not debarred from holding this directorship.
Board Enhancement: New Director (Finance) Takes Charge
NMDC Steel Limited has formally notified the exchanges regarding a significant change in its directorate. Shri Anurag Kapil (DIN: 06640383) has been appointed as the new Director (Finance) on the Board of Directors.
This appointment is pursuant to an order issued by the Ministry of Steel, Government of India. The tenure for Shri Kapil will span five years from the date of assuming charge, which commenced at the close of business on March 31, 2026, or until superseded by further directives.
Profile Highlights of Shri Anurag Kapil
Shri Anurag Kapil is an accomplished officer of the Indian Railway Accounts Service (IRAS), 1998 Batch, bringing 26 years of versatile experience across Indian Railways and Central Public Sector Undertakings (CPSUs).
His qualifications include a Chemistry Honors degree, an MBA (Finance & Marketing) from the University of Delhi, and a Masters in Public Affairs from the University of Minnesota, USA. His prior roles include serving as Director in the Ministry of Coal (2013-17) and Executive Director Finance (Expenditure) in the Railway Board.
His expertise spans several critical areas, including Finance Management, Government Accounting, Policy Analysis, Project Evaluation, Strategic Planning, and Program Evaluation. He has significant exposure to inter-ministerial working and the formulation of major policies related to coal blocks, pricing, and disinvestment processes.
Furthermore, Shri Kapil served as Director (Finance) at CONCOR, where he drove strategic innovation, leading to 8% year-on-year growth in container throughput, the highest ever Revenue & PAT, and a 1:4 bonus share distribution. He was instrumental in expanding CONCOR’s focus from rail logistics to comprehensive multimodal logistics.
Board Composition Update
With this new appointment, the company has also provided an updated list of its directors, enclosed in Annexure – B.
The current roster of Functional Directors includes Shri Amitava Mukherjee (Chairman & Managing Director), Shri Vinay Kumar (Director Technical & Commercial – Addl. Charge), Shri Joydeep Dasgupta (Director Production), and Shri Krishna Kumar Thakur (Director Personnel).
The Government Nominee Directors include Shri Ashish Chatterjee (Additional Secretary & Financial Advisor, Ministry of Steel) and Shri Abhijit Narendra (Joint Secretary, Ministry of Steel).
The company confirmed that no inter se relationship exists between Shri Anurag Kapil and any other existing Director on the Board.
Source: BSE
