Mukund Chaudhari has taken over as Chairman and Managing Director (CMD) of (Manganese Ore India Limited) MOIL . a city-based miniratna company. The MOIL, which is under the administrative control of the Ministry of Steel, is the largest producer of Manganese Ore in the country.

• Prior to taking over as CMD, Chaudhari was holding the post of Director (Finance). A chartered accountant by profession, Chaudhari brings 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) and later elevated to the position of CMD with effect from September 1. He took new assignment yesterday. He has varied experience in corporate financial management and he is instrumental for introduction of ERP system in MOIL recently.

About MOIL:

MOIL Limited( Manganese Ore India Limited) is a miniratna state-owned manganese-ore mining company headquartered in Nagpur, India. 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.