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MOIL

#6757

Rank

$619.9M

Marketcap

IN India

Country

MOIL
Leadership team

Ms. Usha Singh (Chairperson, MD, Director of HR & Exec. Director)

Mr. Rakesh Tumane (Director of Fin., CFO & Director)

Mr. P. V. V. Patnaik (Director of Production & Planning, Director of Commercial and Director)

Products/ Services
Mineral, Mining, Mining Technology, Precious Metals
Number of Employees
1,000 - 20,000
Headquarters
Nagpur, Maharashtra, India
Established
1896
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
MOIL.NS
Social Media
URL
https://www.moil.nic.in
Overview
Location

Summary
History
Mission
Vision
Key Team
Recognition and Award
References
Summary
MOIL Limited engages in the exploration, development, and marketing of various grades of manganese ores in India. It operates through three segments: Mining, Manufacturing, and Power Generation. The company manufactures and sells various grades of manganese ores, such as high-grade ores for the production of ferro manganese; medium grade ores for the production of silico manganese; blast furnace grade ores for producing hot metals; and dioxide for dry battery cells and chemical industries. It also offers electrolytic manganese dioxide and high carbon ferro manganese. In addition, the company operates wind energy farms with an installed capacity of 4.8 MW at Nagda Hills and 15.2 MW at Ratedi Hills in Dewas district of Madhya Pradesh. It operates 11 mines located in Maharashtra and Madhya Pradesh. The company was formerly known as Manganese Ore (India) Limited. and changed its name to MOIL Limited in 2010. MOIL Limited was founded in 1896 and is headquartered in Nagpur, India.
History

MOIL was originally set up as "Central Province Prospecting Syndicate" in the year 1896 in the region of Maharashtra and Madhya Pradesh. It was later renamed as "Central Provinces Manganese Ore Company Limited " in 1935. In 1962, the Government of India took over the mining activities from CPMO. Then, Manganese Ore Limited was formed with 51% stake held between the Government of India and the Maharashtra and Madhya Pradesh State governments. The other 49% was retained with CPMO.

In 1977, the balance of 49% was acquired from CPMO, and MOIL became a 100% state-owned enterprise.

Mission
To be an industry leader in the production & sale of Ferro Manganese and other Manganese Ore Products.
Vision
To produce one million tonnes of manganese ore per annum, sustain and grow the automotive industry, achieve production cost and time efficiency, use environment friendly technologies and create sustainable shareholder value.
Key Team

Mr. Mirza Mohamtnad Abdulla (Director of Production & Planning and Director)

Mr. C. B. Atulkar (Exec. Director of Technical)

Ms. Preeti A. Joshi (Deputy Gen. Mang. of Legal)

Mr. R. P. Patil (Gen. Mang. of Marketing)

Mr. D. R. Raipure (Chief of Civil)

Mr. G. S. Bhattacharya (Chief of Civil)

Mr. Pradeep Kamle (Chief Vigilance Officer)

Recognition and Awards
MOIL has won many awards from the Central & State Government and several DGs such as Indian Bureau of Mines, National Safety Council etc. for Maximum Production and Safety Measures such as Best Management Awards for Mines Safety etc.
References

https://en.wikipedia.org/wiki/MOIL

https://in.investing.com/equities/moil-ltd

https://www.comparably.com/companies/vision/mission

https://www.crunchbase.com/organization/moil

https://finance.yahoo.com/quote/MOIL.NS/

https://www.moil.nic.in

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MOIL
Leadership team

Ms. Usha Singh (Chairperson, MD, Director of HR & Exec. Director)

Mr. Rakesh Tumane (Director of Fin., CFO & Director)

Mr. P. V. V. Patnaik (Director of Production & Planning, Director of Commercial and Director)

Products/ Services
Mineral, Mining, Mining Technology, Precious Metals
Number of Employees
1,000 - 20,000
Headquarters
Nagpur, Maharashtra, India
Established
1896
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
MOIL.NS
Social Media
URL
https://www.moil.nic.in