Corporate Desk: Hyderabad: In a notable development, NMDC Limited announced that its Board of Directors, during a meeting held on April 30, 2025, has approved the designation of Shri K Venkateswarlu, General Manager (Finance), as the Whole-Time Chief Financial Officer (CFO) and Key Managerial Person (KMP) of the company. This appointment will remain effective until the assumption of the Whole-Time Director (Finance) role by a new incumbent or until Venkateswarlu’s superannuation on June 30, 2025, whichever occurs earlier.
This strategic move highlights NMDC’s focus on strengthening its financial leadership as it continues to solidify its position as India’s leading iron ore producer. Corporate stakeholders and investors are likely to closely observe the impact of this transition on the company’s financial strategy and market performance. The corporate sector is keenly watching NMDC’s leadership changes and their potential implications for future growth.
