MOIL Appoints Vishwanath Suresh as CMD; Assumes Charge Amidst Stock Dip

• Vishwanath Suresh has been appointed Chairman and Managing Director of state-owned MOIL Limited by the Government of India.
• The appointment, made through the Ministry of Steel, is effective from January 7, 2026, though Suresh assumed charge on January 7.
• His tenure as CMD will run until his superannuation on August 31, 2030, or until further orders.
• MOIL shares closed 0.97% lower on the NSE on January 7, ending at ₹376.85.
• The company also reported its best-ever Q3 and nine-month manganese ore output in FY26.

Why It Matters: Vishwanath Suresh takes charge as MOIL CMD, with his appointment effective from 2026, as company shares dip.