National Aluminium Company Limited (NALCO), a government-owned enterprise under the Ministry of Mines, has made significant updates to its board of directors as part of a regular governance enhancement process. As per the latest notification, NALCO has appointed three Part-time Non-official (Independent) Directors to its board, effective from April 1, 2025.

The appointment, which comes through an official order from the Ministry of Mines, Government of India (vide order no. 2/8/2020-Met.I (Part-1) dated April 1, 2025), is part of NALCO's ongoing efforts to strengthen corporate governance and bring in more experienced professionals to oversee the company’s operations.

Newly Appointed Independent Directors:

1. Ms. Trupti Kamlesh Patel:

   • DIN: 09392198

   • Profile: Ms. Patel holds a Diploma in Civil Engineering from Gujarat Technology University and has extensive experience working in the private industry, particularly in architecture. She has also held leadership roles in various NGOs, focusing on social work for women and children. Ms. Patel was previously an Independent Director at Bharat Sanchar Nigam Limited (BSNL) from 2021 to 2024. Her professional and social work experience will add great value to NALCO’s governance.

2. Shri Patel Sanjay Kumar Ramanbhai:

   • DIN: 09545270

   • Profile: Shri Patel is a graduate in Chemistry from Gujarat University and has a notable track record in public service. He is currently the Chairman of the Agricultural Produce Market Committee (APMC) in Khambhat and has held other leadership roles, including serving as President of local organizations and a Syndicate member at Sardar Patel University. His background in agricultural and market governance makes him a valuable addition to NALCO’s board.

3. Dr. Ajay Narang:

   • DIN: 00368054

   • Profile: Dr. Narang has over 30 years of experience in both industry and business, with a focus on healthcare ventures. He is the founder of Samagra Care, a healthcare company that aims to provide high-quality, equitable, and timely medical services in India. Dr. Narang has held leadership positions in various sectors and has been deeply involved in non-profit activities. He is also a former member of several government advisory bodies and brings a wealth of experience to NALCO's governance.

NALCO’s Board Update:

With these appointments, NALCO’s board now includes three new independent directors, each bringing a wealth of expertise from various industries including healthcare, governance, public administration, and social work. Their collective experience will undoubtedly help in the strategic decision-making process at NALCO, ensuring the company stays aligned with the highest standards of corporate governance.

The updated list of the NALCO Board of Directors as of April 1, 2025, also includes the new independent directors, alongside the current key members holding various executive and non-executive roles.

The details of the full NALCO Board of Directors are included in the annexure as Annexure-B, with the new appointees listed as follows:

1. Ms. Trupti Kamlesh Patel – Part-time Non-official (Independent) Director

2. Shri Patel Sanjay Kumar Ramanbhai – Part-time Non-official (Independent) Director

3. Dr. Ajay Narang – Part-time Non-official (Independent) Director

These strategic appointments are expected to strengthen NALCO’s leadership, bringing a broad spectrum of skills and perspectives to the company’s decision-making processes.

Governance and Compliance:

NALCO, being a Public Sector Enterprise (PSE) under the Ministry of Mines, continues to uphold the highest standards of governance and compliance, following all regulations and directives set out by the Securities and Exchange Board of India (SEBI). These recent appointments adhere to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring that the company remains in compliance with regulatory norms while enhancing its oversight and direction.

Conclusion:

The appointment of these Part-time Non-official (Independent) Directors is an important move for NALCO as it continues to evolve and strengthen its corporate structure. With a robust set of skills and experiences across industries, these new directors will play a crucial role in shaping the future of the company, ensuring it stays competitive, transparent, and socially responsible in the long run.

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