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What is the story about?
Coal India Ltd has appointed its current Chairman-cum-Managing Director, B Sairam, as the Chief Executive Officer of the company, marking a key leadership consolidation at the state-run coal major. The decision was taken by the company’s board at its meeting held on December 26, in line with regulatory disclosures to stock exchanges.
According to the filing, B Sairam will hold the position of CEO with effect from the date he assumes charge, and will continue until his superannuation or until further orders, whichever is earlier. The appointment is part of Coal India’s compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Sairam brings more than three decades of experience in the coal sector. Before taking over as CMD of Coal India, he served as CMD of Northern Coalfields Ltd, a wholly-owned subsidiary of Coal India. He has also held the role of Director (Technical) at Central Coalfields Ltd, where he was closely involved in coal logistics development, First Mile Connectivity projects, environmental clearances, and project planning for both greenfield and brownfield mines.
Also read: Coal India shares see six days of gains, turn positive for 2025 after best month of the year
A graduate mining engineer from NIT Raipur with an MBA in Energy Management from NTPC School of Business, Sairam has played a pivotal role in large-scale rehabilitation and resettlement programmes and in securing regulatory clearances for uninterrupted coal production. His elevation as CEO is expected to strengthen Coal India’s operational and strategic leadership going forward.
According to the filing, B Sairam will hold the position of CEO with effect from the date he assumes charge, and will continue until his superannuation or until further orders, whichever is earlier. The appointment is part of Coal India’s compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Sairam brings more than three decades of experience in the coal sector. Before taking over as CMD of Coal India, he served as CMD of Northern Coalfields Ltd, a wholly-owned subsidiary of Coal India. He has also held the role of Director (Technical) at Central Coalfields Ltd, where he was closely involved in coal logistics development, First Mile Connectivity projects, environmental clearances, and project planning for both greenfield and brownfield mines.
Also read: Coal India shares see six days of gains, turn positive for 2025 after best month of the year
A graduate mining engineer from NIT Raipur with an MBA in Energy Management from NTPC School of Business, Sairam has played a pivotal role in large-scale rehabilitation and resettlement programmes and in securing regulatory clearances for uninterrupted coal production. His elevation as CEO is expected to strengthen Coal India’s operational and strategic leadership going forward.
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