New Delhi, February 5, 2026: Steel Authority of India Limited (SAIL), a Maharatna CPSE under the Ministry of Steel, has invited applications for the position of Chairman & Managing Director (CMD). The role will oversee the strategic and operational functioning of India’s largest integrated steel company, headquartered in New Delhi.
Eligible candidates include senior executives from CPSEs, central/state government services, public sector banks, financial institutions, SPSEs, and listed private companies with proven leadership in finance, operations, business development, HR, or project management. Preference will be given to professionals with experience in the steel, metal, or mining sectors.
The appointment is for five years or until superannuation, with an IDA pay scale of ₹2,00,000 – ₹3,70,000 per month. Applications are to be submitted online via the PESB website by February 26, 2026, with forwarding by administrative authorities required by March 9, 2026.
This is a prestigious board-level role in one of India’s key Maharatna PSUs, offering an opportunity to shape the future of India’s steel industry.