Mukund Choudhari assumes charge as CMD of MOIL

Mukund Chaudhari on 1 September 2016 took over as Chairman and Managing Director (CMD) of MOIL Ltd, a miniratna company.

Prior to taking over as CMD, Chaudhari served as the Director (Finance) of MOIL.

Who is Mukund Chaudhari?

• Mukund Chaudhari is a chartered accountant by profession.

• He holds a long experience of over two and half decades in private and public sectors undertakings.

• He had also worked in the private sector.

• After joining MOIL in 1997, he held various positions in the company.

• He was inducted in the Board of Directors of MOIL in August 2012 as Director (Finance).

• He has varied experience in corporate financial management and he is instrumental for introduction of ERP system in MOIL recently.

About MOIL

• MOIL Limited is a miniratna state-owned manganese-ore mining company headquartered in Nagpur, India.

• It was formerly known as Manganese Ore India Limited.

• With a market share of 50%, it was the largest producer of manganese ore in India in the fiscal year 2008.

• MOIL Limited has been ranked #486 among the 500 top companies in India and 9th in the Mines and Metals Sector of the Fortune India 500 list for 2011.

• MOIL operates 10 mines, six located in Nagpur and Bhandara districts of Maharashtra and four in the Balaghat district of Madhya Pradesh.

• Its Balaghat mine is the deepest underground manganese mine in Asia.

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