Management Transition: B Sairam Appointed Chairman and Managing Director of Coal India

Main PSU, Coal India (CIL) introduced that B Sairam has assumed cost as its Chairman and Managing Director (CMD), efficient December 15, in keeping with a regulatory submitting to the BSE.

Sairam succeeds Coal Extra Secretary Sanoj Kumar Jha, who was holding interim cost as Chairman since November 1, 2025, following the superannuation of P M Prasad on October 31.

Deal with manufacturing and vitality transition

Taking cost at a time when Coal India is intensifying efforts to attain report manufacturing targets amid rising home vitality demand, Sairam mentioned elevated coal manufacturing and improved high quality provides stay the corporate’s core focus. “However aligning with the altering enterprise situation and vitality sector dynamics, we’re additionally actively foraying into solar energy, important mineral acquisitions and coal gasification. The corporate can be dedicated to sustainable mining practices,” the CMD added.

Who’s B Sairam?

Earlier than this appointment, Sairam was Chairman and Managing Director of Northern Coalfields Ltd (NCL), a subsidiary of Coal India. Earlier than heading NCL, he served as Director (Technical) at Central Coalfields Ltd, one other coal-producing arm of CIL.

With over three and a half a long time of expertise, Sairam has labored throughout coal mine operations, planning, logistics and regulatory affairs. He’s a graduate in mining engineering from the Nationwide Institute of Know-how, Raipur, and holds an MBA in vitality administration from the NTPC Faculty of Enterprise.

Coal India accounts for greater than 80% of India’s home coal manufacturing.

Coal India Q2

The corporate reported a internet revenue of R 4,262.64 crore in Q2FY26, down 32.6% YoY from Rs 6,274.80 crore in Q2FY25. The Q2 income from operations additionally declined 3% year-on-year to Rs 30,187 crore as in comparison with Rs 31,182 crore in the identical interval final fiscal. 

Coal India share value

The corporate’s shares have fallen 1.39% within the final 1 month and declined 3.02% within the final six months.