Government Nominee Director Appointed to the Board
OMDC has informed the exchanges that the Ministry of Steel has appointed Shri Daya Nidhan Pandey, Joint Secretary, Ministry of Steel, as Government Director on the company's Board.
By ScoutQuest · · 2 min read
- Appointment effective date
- with effect from 12.10.2026 or until further orders, whichever is earlier
- New Government Director
- Shri Daya Nidhan Pandey, Joint Secretary, Ministry of Steel
- Outgoing Director
- Shri S. Sharad Rao, former Director, Ministry of Steel
A change at the top of the board table
The company has told the exchanges that a new Government Director has joined its Board. This is a board-level change, not an operational or financial announcement.
What the update says
- The Ministry of Steel, vide its order dated 12.10.2026, communicated that in pursuance of the Articles of Association of the company, the President is pleased to appoint Shri Daya Nidhan Pandey, Joint Secretary, Ministry of Steel, as the Government Director on the Board of Directors of OMDC Limited.
- The appointment is with effect from 12.10.2026 or until further orders, whichever is earlier.
- The appointment is in place of (vice) Shri S. Sharad Rao, former Director, Ministry of Steel.
- Accordingly, Shri S. Sharad Rao, Government Director, has ceased to be a Director on the Board.
- The Ministry of Steel order is enclosed with the disclosure.
- The company has confirmed the date of appointment as 12.10.2026.
Who is the new director
- Mr. Daya Nidhan Pandey is a 2006 batch officer of the Indian Administrative Service (IAS).
- He holds B.A., M.A. and M.P.A. degrees.
- He has extensive administrative experience and has held several key positions in both the Central and State Governments.
- He is presently serving as Joint Secretary, Ministry of Steel, Government of India.
- He has also served as Director, Revenue and Land Reforms Department, Government of Bihar.
- On relationships between directors, the disclosure states: Not Applicable.
How a retail investor may read it
- A Government Director sits on the board of a public sector enterprise as the government's representative. The change is an administrative appointment made by the Ministry, not a commercial decision by the company.
- Because the new director is a serving Joint Secretary in the Ministry of Steel, the board continues to have a senior government official as its nominee, as before.
- Such appointments are typically made for a tenure that lasts until further orders, which the update restates here.
- The disclosure is a board-composition update. It does not by itself change the company's operations, projects or financials.
- In short: same seat, new occupant — a government nominee replaces a government nominee, effective 12.10.2026 or until further orders, whichever is earlier.
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