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Brief Overview of Moil Ltd. (Formerly Known As Manganese Ore (India) Limited)

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Brief Overview of Moil Ltd. (Formerly Known As Manganese Ore (India) Limited) BRIEF OVERVIEW OF MOIL LTD. (FORMERLY KNOWN AS MANGANESE ORE (INDIA) LIMITED) Headquarters : Nagpur Date of Establishment : 22nd June 1962 Main Areas of Activities : (i) Mining and sale of Manganese Ore (ii) Production and sale of Electrolytic Manganese Dioxide (EMD) and Ferro Manganese Capital Structure Authorized Capital : ₹ 300.00 Crores Paid up Capital : ₹ 257.61 Crores Government of India : 56.01% Government of Maharashtra : 4.71% Government of Madhya Pradesh : 4.97% Public holdings : 34.31% Physical and Financial Performance: Particulars Unit 2016-17 Production of Manganese Ore Ton 1004845 Production of Ferro Manganese Ton 9950 Production of EMD (in Tonnes) Ton 731 Revenue from Operations ₹ Crore 989.84 Total Income ₹ Crore 1210.97 Gross Margin ₹ Crore 516.61 Profit Before Tax (PBT) ₹ Crore 461.90 Profit After Tax (PAT) ₹ Crore 305.83 Dividend on Equity Shares ₹ Crore 146.51 Employees Strengths (As on 31.03.2017) – 6201 Status of Board level Directors: 1. Name of the CPSE : MOIL Limited 2. Schedule (A/B/C/D/Un-categorized) : ‘A’ (w.e.f. 28.01.2014) 3. Whether listed (Y/N) : Yes 4. Administrative Ministry / Department : Ministry of Steel 5. Number of sanctioned posts of Directors: Functional–5, Official–2, Non-Official–7 6. Details of Directors in Position (as on 01.01.2018): Details of Directors Designation Category Date of Date of Date of (Functional / Name tenure Birth Joining Official / ending Non-official) Chairman-cum- Managing Director Functional Shri M.P Chaudhari 06.10.1962 01.09.2016 31.08.2021 Director (Commercial) Functional Shri T. K. Pattnaik 07.07.1960 02.02.2015 01.02.2020 Director Shri Rakesh Functional 20.08.1970 28.09.2017 27.09.2022 (Finance) Tumane Director (Production Shri Dipankar Functional 25.05.1961 12.09.2017 31.05.2021 & Planning) Shome Director (Human Resources) Functional Vacant Govt. Director Till further Official Shri T. Srinivas 11.10.2017 (Govt. of India) orders Govt. Director (State Govt. of Official Shri Sunil Porwal 16.12.1958 07.03.2018 06.03.2021 Maharashtra) Independent Non-Official Ms. Sunanda 26.02.1951 31.01.2017 30.01.2020 Director Part Time Prasad Independent Non-Official Ms. Sangita Gairola 08.10.954 27.11.2015 26.11.2018 Director Part Time Independent Non-Official Shri Vijayaraghavan 16.08.1969 16.11.2017 15.11.2020 Director Part Time Madhavan Chariar Independent Non-Official Vacant Director Part Time Independent Non-Official Vacant Director Part Time Independent Non-Official Vacant Director Part Time Independent Non-Official Vacant Director Part Time Mines operated by MOIL MOIL operates the following 10 mines in the States of Madhya Pradesh and Maharashtra Sl. Name of the Mine District State i Chikla Mines Bhandara Maharashtra ii Dongri-Buzurg Mine Bhandara Maharashtra iii Beldongri Mine Nagpur Maharashtra iv Kandri Mine Nagpur Maharashtra v Munsar Mine Nagpur Maharashtra vi Gumgaon Mine Nagpur Maharashtra vii Balaghat Mine Balaghat Madhya Pradesh viii Ukwa Mine Balaghat Madhya Pradesh ix Tirodi Mine Balaghat Madhya Pradesh x Sitapatore Mine Balaghat Madhya Pradesh ***** .
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