MOIL Ltd.

Our Company was incorporated on June 22, 1962 as a public limited
 company with the RoC under the name  Manganese Ore (India) Limited
 under the provisions of the Companies Act. Subsequently, the name of
 our Company was changed from Manganese Ore (India) Limited to MOIL
 Limited and a fresh certificate of incorporation consequent upon
 change of name was issued by the RoC on August 17, 2010. This name
 change was deemed appropriate on the basis that our Company is better
 known within the industry, to its customers and the 
 general public as MOIL.  
  
 In 1896, a British company by the name of Central Provinces
 Prospecting Syndicate was set up. In 1924, it changed its name to the
 Central Provinces Manganese Ore Company Limited (CPMO). CPMO ran
 extensive mining operations for manganese ore within the present-day
 state of Madhya Pradesh prior to Indian independence.  
  
 Our Company was set up pursuant to an agreement dated June 8, 1962
 between the GoI and CPMO (the 1962 Agreement). Pursuant to the terms
 of this agreement, our Company was incorporated and certain assets of
 CPMO were transferred to us in return for 49% of Equity Shares of our
 Company. Our Company was incorporated with a view to  inter alia,
 obtain and work mining leases for manganese ore over the Nagpur,
 Dongri Buzurg and other 
 areas.  
  
  In 1977, CPMO ceased its involvement with our Company following a
 sale of its entire shareholding and certain other properties and
 assets associated with our operations to the Government of India, for
 an aggregate consideration of ` 15,067,758 pursuant to an agreement
 dated September 21, 1977, (the 1977 Agreement). The transfer of all
 these assets, both movable and immovable was made free from any and
 all liens, encumbrances, lis-pendens, 
 charges and hypothecation.
 
 The Government of India vide letter dated September 21, 1977 had
 nominated our Company as the recipient of the assets transferred by
 CPMO under the 1977 Agreement.  
 
 Major Events and Milestones
 
 Year     Event 
 
 1962    
 Incorporation of our Company;  
 
 Transfer of mining leases for manganese ore over the Nagpur, Dongri
 Buzurg and other areas, Consumable stores and other fixed assets from
 CPMO pursuant to the 1962 Agreement 
 
 1977    
 Transfer of entire stake by CPMO to Government of India and our
 Company became a 100% Government owned company;  
 
 Transfer of the Heavy Media Separation Plant located at the
 Belapur-Hamesha mine and other consumable stores and spares from CPMO
 pursuant to the 1977 Agreement 
 
 1991
 Set up Electrolytic Manganese Dioxide Plant (EMD) at Dongri Buzurg
 mine  
 
 1998
 Set up High Carbon Ferro Manganese plant with capacity of 10,000 TPA
 at Balaghat mine  
 
 2001
 Set up integrated Manganese Beneficiation Plant at Dongri Buzurg mine
 
 
 2006
  Wind farm with power generation capacity of 4.8MW commissioned 
 
 Issue of Bonus Shares (shares issued on a pro rata basis based upon
 each of our shareholders’ current holding) 
 
 2007
 Achieved annual production of 1mn tonnes  
 
 Company shifted to its present corporate office at ‘MOIL Bhavan’ at
 1-A, Katol Road, Nagpur 
 
 Set up integrated Manganese Beneficiation Plant at Balaghat mines
 with capacity of 0.5mn TPA  
 
 2008
 Second wind farm with power generation capacity of 15.2 MW
 commissioned 
 
 ‘Mini-Ratna ' Category ' I’ status conferred 
 
 Incorporated 50:50 Joint Venture company ‘SAIL and MOIL Ferro Alloys
 Private Ltd’ with SAIL to manufacture ferro alloys at Bhilai (C.G.) 
 
 2009
 Equity Shares of our Company split from ` 100 per share to ` 10 per
 share. 
 
 Issue of Bonus Shares in the ratio 1:5  
 
 Achieved annual turnover of more than ` 1000mn  
 
 
 Awards, Certifications and Recognition 
 
 
 Year  Award/Recognition 
  
 2010   
 
 International Convention on Quality Concepts Circle? Parakh Manganese
 Ore (India) Limited INDIA Gold Award from 
 ICQCC. 
 
 International Convention on Quality Concepts Circle ? Panchratna
 Manganese Ore (India) Limited INDIA Gold Award 
 ICQCC-2010. 
 
 ISO 9001:2008 certificate issued by International Certification
 Services Private Limited for our Company’s quality 
 management system. This certification is valid until March 16, 2013 
 
 -Company has changed its name from  Manganese Ore (India) Ltd.  to
 MOIL Ltd.                                                            
      
                                                
 2009
 
 
 OHSAS 18001:2007 issued by Vexil Business Process Systems for
 Underground Mining and Sale of Manganese Ore at 
 Balaghat Mine. This certification is valid until October 8, 2012 
  
 OHSAS 18001:2007 issued by Vexil Business Process Systems for
 Opencast Mining and Sale of Manganese Ore at 
 Dongri Buzurg Mine. This certification is valid until October 8, 2012
 
  
 Awarded MoU Excellence Award in the Mining and Metals  sector for the
 year 2006-07 by the GoI, Department of 
 Public Enterprises and the Ministry of Heavy Industries and Public
 Enterprises 
  
 Awarded MoU ‘Excellent’ Rating for excellence in the achievement of
 MoU Targets for the year 2007-2008 by the GoI, 
 Department of Public Enterprises and the Ministry of Heavy Industries
 and Public Enterprises 
 
 Second prize in the National Energy Conservation Award in
 appreciation of achievements in the Mining sector awarded 
 to our Company by the GoI, Ministry of Power 
 
 National Quality Circle Award - Team Pancharatna QC from Dongri
 Buzurg Mine awarded Par Excellent Award and 
 Parakh QC from Tirodi Mine awarded Excellent Award  
 
 2008  
 
 Ispat Rajbhasha Trophy for excellent works done in Hindi  
 
 ISO 9001:2000 certificate issued by Vexil Business Process Systems
 for the Ferro Manganese Plant certified for the 
 ‘manufacture and supply of high carbon Ferro Manganese’. This
 certification is valid until September 27, 2011 
  
 ISO 9001:2000 certificate issued by Vexil Business Process Systems
 for the Electrolytic Manganese Dioxide Plant 
 certified for the ‘manufacture and supply of Electrolytic Manganese
 Dioxide’. This certification is valid until September 
 26, 2011 
  
 National Safety Award - Runners-up Trophy for Lowest Injury Frequency
 Rate at Dongri Buzurg Mine awarded by the 
 Directorate General of Mines Safety, Ministry of Labour and
 Employment, GoI 
  
 National Safety Award - Winner’s Trophy for Longest Accident Free
 Period at Chikla Mine awarded by the Directorate 
 General of Mines Safety, Ministry of Labour and Employment, GoI 
 
 2007 
  
 Awarded MoU ‘Excellent’ Rating for the year 2005-06 by the GoI,
 Department of Public Enterprises and the Ministry of 
 Heavy Industries and Public Enterprises 
  
 Awarded MoU ‘Excellent’ Rating for the year 2004-05 by the GoI,
 Department of Public Enterprises and the Ministry of 
 Heavy Industries and Public Enterprises 
  
 National Safety Award - Runners-up Trophy for Lowest Injury Frequency
 Rate at Beldongri Mine awarded by the 
 Directorate General of Mines Safety, Ministry of Labour and
 Employment, GoI  
  
 National Safety Award - Winner’s Trophy  for Longest Accident Free
 Period at Dongri Buzurg Mine awarded by the 
 Directorate General of Mines Safety, Ministry of Labour and
 Employment, GoI 
  
 First prize - National Energy Conservation Award for the Mining
 Sector awarded to the Chikla Mine by the Government 
 of India 
 
 2006  
 First prize - National Energy Conservation Award in the  mining
 sector awarded to the Balaghat Mine by the
 Government of India 
  
 First prize - National Energy Conservation Award in the chemical
 sector awarded to  our Company’s Electrolytic
 Manganese Dioxide Plant by the Government of India 
  
 State level award for excellence in energy conservation and
 management awarded to our Company’s Electrolytic
 Manganese Dioxide Plant awarded by the Maharashtra Energy Development
 Agency 
  
 Awarded Merit Certificate for excellence in the achievement of MoU
 targets for the year 2003-2004 by the GoI, Ministry
 of Heavy Industries and Public Enterprises and Department of Public
 Enterprises 
  
 State level award for excellence in energy conservation  and
 management for the Chikla Mine awarded by the
 Maharashtra Energy Development Agency 
 
 2005  
 First prize - National Energy Conservation Award in the chemical
 sector awarded to  our Company’s Electrolytic 
 Manganese Dioxide Plant at Dongri Buzurg Mine by the Government of
 India 
  
 2004 
  Awarded Merit Certificate for excellence in the achievement of MoU
 targets for the year 2002-03 by the GoI, Ministry of 
 Heavy Industries and Public Enterprises and Department of Public
 Enterprises 
  
 2002 
 Awarded Merit Certificate for excellence in the achievement of MoU
 targets for the year 2000-01 by the GoI, Ministry of 
 Heavy Industries and Public Enterprises and Department of Public
 Enterprises 
  
 2000
 Awarded Merit Certificate for excellence in the achievement of MoU
 targets for the year 1998-99 by the GoI, Ministry of 
 Heavy Industries and Public Enterprises and Department of Public
 Enterprises 
  
 1993
 Awarded the Economic Times and the Harvard Business School
 Association of India awards for excellence in corporate performance
 
 2013
 
 - MOIL receives prospecting license from Maharashtra govt over 597.44
 hectares of area.
 
 - MOIL Ltd, has assigned Rs 250 crore investment for conducting
 geophysical studies and exploratory drilling on 597 acres of area in
 Maharashtra. The company would utilize the aforesaid area for
 expansion of existing mines and would open four mines.
 
 - Moil gets govt approval on mining lease for manganese ore from the
 Ministry of Mines, Government of India.
 
 2014
 
 - Moil - The grant of Prospecting License (PL) by Government of
 Maharashtra over an area of 597.44 hectares in Nagpur and Bhandara
 districts of Maharashtra have now been executed and registered.
 
 2015
 -MOIL Ltd. - Approval of environmental clearance for purchase of land
 for new mine
 
 2016
 -MOIL Ltd Signing of MoU with Government of Madhya Pradesh.
 -MOIL Ltd Execution of Mining lease over 48.974 Ha land in Village
 Lugma, Tehsil.
 
 2017
 -The Company has issued Bonus Shares in the Ratio of 1:1.
 -MOIL, Steel Min ink pact to meet 12.50 LT production target.
 
 2019
 -Commencement of Production at Parsoda Mine.
 
 2021
 - MOIL signs MoU with Gujarat Mineral Development Corporation.