About
Basic Data Updated:
4 months agoMOIL Limited, previously known as Manganese Ore India Limited, is involved in the exploration, exploitation, and promotion of manganese ore and its by-products, including electrolytic manganese dioxide and high carbon ferro manganese alloy. The company is divided into three segments: mining, manufacturing, and power generation. With a presence in three opencast and seven underground mines, ML has a total mining lease area of 1,613.61 hectares. Out of this, 699.06 hectares are located in Maharashtra and 914.54 hectares in Madhya Pradesh. Over the years, ML has successfully produced 1.03 million tons of various grades of manganese ore. Additionally, the company has two wind farms, one with a capacity of 4.8 megawatts (MW) at Nagda Hills and the other with a capacity of 15.2 MW at Ratedi Hil... Read More
Industry
Company Details
- Location
Nagpur, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Financials of Moil Limited
Moil Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.4% decrease. The company also saw a substantial fall in profitability, with a 33.53% decrease in profit. The company's net worth moved up by a moderate rise of 4.8%.
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Corporate Structure
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People in Moil Limited
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Executive Team (3)
- Rakesh Tumane CFO
Appointment Date: 14-Nov-2017
Status: Current
- Ajit Saxena Managing Director
Appointment Date: 29-Dec-2022
Status: Current
NP
Neeraj Pandey Company SecretaryAppointment Date: 01-Sep-2008
Status: Current
Board Members(8)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Idbi Bank Limited Creation Date: 10 Mar 2023 | ₹45.00 Cr | Open |
Canara Bank Creation Date: 10 Mar 2023 | ₹2.00 Cr | Open |
State Bank Of India Creation Date: 03 Feb 2023 | ₹45.23 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Recent activity within the organization
Annual General Meeting
Moil Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.
21 Sep 2023Balance Sheet
Moil Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Charges
A charge with Idbi Bank Limited amounted to Rs. 45.00 cr with Charge ID 100683158 was registered on 10 Mar 2023.
10 Mar 2023Charges
A charge with Canara Bank amounted to Rs. 2.00 cr with Charge ID 100686951 was registered on 10 Mar 2023.
10 Mar 2023Director Appointment
Sanjay Roy was appointed as a Nominee Director was appointed as a Nominee Director on 09 Mar 2023 & has been associated with this company since 1 year 1 month .
09 Mar 2023
Recent News, Updates & Announcement
- MOIL Q2 results Net profit rises over 2fold at 6152 crore Mint.
MOILs total income rose to 368 crore over 25682 crore in the same quarter a year ago.
mint 07 Nov 2023
- MOIL Achieves Historic Production and Sales in July 2023.
SMEStreet 04 Aug 2023
- Manganese major MOIL sees record quarterly production in AprilJune 2023.
Business Standard 03 Jul 2023
- MOIL achieves its highest April production at 131 lakh tonne.
Asian News International 03 May 2023
- MOIL announces change in nominee director.
Business Standard 11 Mar 2023
Frequently asked questions
What is the Incorporation or founding date of Moil Limited?