AC Choksi Share Brokers Private Limited

A C ChoksiShare Brokers Private LimitedA C Choksi Institutional Research |Initiation Report|MINING MOILApril 26, 2011Board OfDirectorsConsists of highly experiencedindividuals.Shri. K. J. SinghChairman & Managing DirectorDirector FinanceDirector CommercialDirector Production & PlanningShri. M. A. V. GouthamDirector (Finance),Whole Time DirectorShri. A. K. MehraDirector(Commercial),Whole Time DirectorShri. G. P. KundargiDirector (Pr & Pl),Whole Time DirectorNominee Director - Govt. of IndiaDr. Dalip SinghJoint Secretary,Govt. of India, Ministryof SteelShri Vijay V KalePracticingChartered AccountantNominee Director - Govt. of MahShri. A. M. KhanPrincipal Secretary toGovt. of Maharashtra,Industry, Energy &Labour Deptt.In d e p e n d e n t D ire c torsDr. Madhu VijProfessor,FMS New DelhiNominee Director - Govt. of MPShri. S.K.MishraSecretary, Govt. ofMadhya Pradesh,Mineral ResourcesDeptt.Dr. Subir Kr.BhattacharyyaRetired CMD of IISCOShri Sanjeeva NarayanPracticingChartered AccountantShri Hem ChanderRetired IAS OfficerPhotoNotShri Bal Kishan GuptaRetired IRS OfficerAvailableKey management team has an average experience of over 20 years in miningindustry. The team possesses extensive knowledge in the fields of exploration,production, cost efficiencies, operational efficiencies and financial management.As of Oct 31, 2010, it had 6,693 employees of which 322 are executives, 2540are non executives and balance 3831 are workers.Dr.D.D. KaushikEx Director of ICSISource: MOIL Ltd, RHP, A C Choksi Institutional Research_____________________________________________________________________________________A C Choksi Institutional Researchresearch@acchoksi.com 15