NMDC Steel Limited has announced the appointment of Anurag Kapil as Director (Finance) on its Board, effective 31 March 2026, for a five-year term or until further orders. The move places a seasoned finance executive at the helm of the company’s financial stewardship as it advances its growth and investment agenda. The appointment underscores NMDC Steel’s focus on strengthening governance and policy-driven financial planning at the board level.
Anurag Kapil brings a long and varied career in public sector finance. An officer of the Indian Railway Accounts Service (IRAS) from the 1998 batch, he has accumulated 26 years of experience across Indian Railways and CPSUs, spanning operational finance, budgeting, and strategic financial management. His recent role was Executive Director Finance (Expenditure) in the Railway Board, where he dealt with finance policy, expenditure oversight, planning, and project appraisal. He has also served as Director in the Ministry of Coal and has guided governance reforms and capital restructuring initiatives across several government PSUs.
Kapil’s profile highlights a broad toolkit in leadership development, policy analysis, project evaluation, budgeting, and inter-ministerial coordination, with exposure to PPP models, contract management, and program evaluation. Industry observers note that his depth of experience in public finance and governance could inform NMDC Steel’s approach to capital allocation, cost management, and strategic investments as it positions itself for future milestones.