Coal India extends Debashish Nanda’s tenure as Director of Business Development

8 Nov 2023 , 02:15 PM

Coal India Limited, a state-owned firm, stated on Wednesday that it extended Debasish Nanda’s term as Director, Business Development. 

Nanda, who is now the company’s Director, Business Development, has been awarded a six-month extension, effective November 2, 2023, or until the appointment of a regular incumbent or until further instructions, whichever is the earliest, Coal India Ltd (CIL) said in a regulatory filing.

Last year, Nanda became CIL’s Director of Business Development.

Nanda has a bachelor’s degree in mechanical engineering from Sambalpur University, a postgraduate degree in production engineering from REC Rourkela, and a master’s degree in international business from IIFT in New Delhi.

He began his career with Indian Oil in 1988 as a management trainee in the marketing sector, and he spent 11 years promoting Servo lubricants.

At around 2.11 PM, Coal India was trading 0.91% higher at Rs 317.10, against the previous close of Rs 314.25 on NSE.

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