MOIL Limited informed the stock exchanges on August 7, 2026, that the Government of India has appointed Shri Lokesh Chandra, IAS, as a government nominee director on its board. The MOIL government nominee director appointment was disclosed through a BSE filing under Regulation 30 of the listing regulations.

The appointment follows a Government of India order dated August 6, 2026. Chandra, who currently serves as Additional Chief Secretary (Mines) in the Government of Maharashtra, will remain on the MOIL board until March 6, 2027, or until further orders.

MOIL also confirmed that Chandra is not related to any director or key managerial personnel of the company. According to the filing, he has not been debarred or disqualified from holding the office of director by any order issued by SEBI or another authority.

Lokesh Chandra’s administrative experience

Lokesh Chandra is a 1993-batch IAS officer with a degree in Civil Engineering and an M.Tech in Structures from IIT Delhi. Besides serving as Maharashtra’s Additional Chief Secretary for Mines, he currently holds the position of Chairman and Managing Director of Maharashtra State Electricity Distribution Company Limited.

His previous assignments include Chairman and Managing Director of CIDCO and Commissioner of the Nagpur Municipal Corporation. He has also worked as Collector of Nagpur, Bhandara and Gondia districts in Maharashtra, apart from serving as President of Nagpur Reform Pranyas.

  • Served with the Central Government from 2008 to 2015.
  • Worked as Joint Secretary in the Ministry of Steel.
  • Held the role of Director in the Ministry of Power.
  • Previously served as a government nominee director of MOIL Limited.

What the filing means for shareholders

The disclosure formally updates investors about a change in the composition of MOIL’s board. The tenure specified in the government order runs up to March 6, 2027, although it may conclude earlier or continue differently if further orders are issued.

Chandra brings experience across the mining, steel, power, electricity distribution, urban development and district administration domains. MOIL submitted the intimation to both the National Stock Exchange of India and BSE. The filing was signed by Neeraj Dutt Pandey, the company’s Company Secretary and Compliance Officer.