In a recent development at National Aluminium Company Limited (NALCO), Shri Brijendra Pratap Singh, the current Chairman-cum-Managing Director (CMD) of NALCO, has been entrusted with the additional responsibility of Director (Finance). This change in the company's leadership comes after the superannuation of Shri Ramesh Chandra Joshi, who held the position of Director (Finance), with his services ending on 30th April 2025.

This leadership transition is crucial as Shri Brijendra Pratap Singh, who has a rich experience in leading the company as the CMD, will oversee the finance department until a new Director (Finance) is appointed or further instructions are provided. The decision was communicated through a letter from NALCO's corporate office, highlighting the company's focus on maintaining seamless leadership during this transition period.

NALCO, being a Government of India enterprise, plays a pivotal role in India's aluminium production and related activities. The superannuation of Shri Joshi marks the end of an era for the company, as he had significantly contributed to the company's financial strategies and overall growth. With this change, NALCO is ensuring that the management structure remains robust and well-guided. Shri Brijendra Pratap Singh’s new additional role as Director (Finance) reflects the company's proactive approach to leadership continuity.

This leadership reshuffle is part of the regular changes that take place in a government-run enterprise like NALCO, which ensures that top positions are always filled with individuals who have the experience and expertise to steer the company forward. The decision also adheres to the company’s internal policies and the regulations set by the Securities and Exchange Board of India (SEBI), in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, which mandates the disclosure of such corporate changes to ensure transparency.

The transition also aligns with NALCO’s ongoing efforts to strengthen its leadership team, ensuring that all functions, including financial management, continue without disruption. The finance department at NALCO will continue its crucial role in ensuring the company’s financial health, especially with its expanding operations and ambitious future plans in the aluminium sector.

As per the official communication, the assignment of the additional charge to Shri Brijendra Pratap Singh will continue until the new incumbent is appointed or further orders are issued. This ensures that the company's financial operations will remain in capable hands, as Shri Singh is already well-versed in the operations and strategic direction of NALCO.

In conclusion, NALCO's leadership change reflects the company’s commitment to continuity and corporate governance. By assigning Shri Brijendra Pratap Singh to handle the finance department in addition to his role as CMD, NALCO ensures that its financial strategies will continue to be executed effectively during this transitional phase. This move underscores NALCO’s long-term vision to remain a strong and stable force in the Indian aluminium industry.

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