Yantra India Limited CMD Vacancy – Apply by 19th Jan 2026 I psu jobs

Nagpur, Maharashtra: Yantra India Limited (YIL), a Schedule ‘A’ Government of India company under the Department of Defence Production, Ministry of Defence, has announced a vacancy for the post of Chairman & Managing Director (CMD). The registered office of YIL is located at Ambajhari, Nagpur, Maharashtra, and the company operates 8 production units across India, including Grey Iron Foundry Jabalpur, Metal and Steel Factory Ishapore, and Ordnance Factories at Ambernath, Ambajhari, Bhusawal, Dumdum, Katni, and Muradnagar.

The CMD will serve as the Chief Executive Officer of YIL, accountable to the Board of Directors and the Government of India. Key responsibilities include overseeing production, operations, business development, marketing, R&D, modernization, and defense production initiatives, particularly in assembly products for ammunition, artillery, armored vehicles, and main battle tanks.

Eligibility Criteria:

Age: Minimum 45 years; maximum as per superannuation (60 years) with residual service of 1–3 years.
Employment Status: Candidates must be employed in a regular capacity in Central/State Public Sector Enterprises, listed companies with turnover ≥ ₹1,500 crore, or Central Government Group ‘A’ officers including Armed Forces.
Qualification: Engineering Graduate, Chartered/Cost Accountant, Postgraduate, MBA, or PGDIM from a recognized institute.
Experience: Minimum 5 years in Finance, Business Development, Production, Operations, Marketing, Project Management, or HR/IR. Experience in ferrous/non-ferrous production is advantageous.
Pay Scale: Rs. 2,00,000 – 3,70,000 (IDA).

The appointment will be for 5 years or until the date of superannuation, whichever is earlier. Applications must be submitted online via the Public Enterprises Selection Board (PESB) portal: https://pesb.gov.in.

Key Dates:

Last date for applications: 19th January 2026, 03:00 PM
Last date for nodal officers to forward applications to PESB: 28th January 2026, 05:00 PM

About Yantra India Limited:
Yantra India Limited specializes in manufacturing carbon fiber composites, assembly products for ammunition, armored vehicles, artillery guns, MBTs, glass composites, and aluminum alloys. As of 31st March 2025, YIL had an authorized capital of ₹15,500 crore, paid-up capital of ₹13,357.30 crore, 1 regular Board-level employee, and 10,361 employees on deemed deputation.

For more information, visit: www.yantraindia.co.in