MOIL Ltd Company History

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

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

Set up Electrolytic Manganese Dioxide Plant ("EMD") at Dongri Buzurg mine

Awarded the Economic Times and the Harvard Business School Association of India awards for excellence in corporate performance

Set up High Carbon Ferro Manganese plant with capacity of 10,000 TPA at Balaghat mine

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

Set up integrated Manganese Beneficiation Plant at Dongri Buzurg mine

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

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

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

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)

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

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

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

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.)

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

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

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

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.

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.

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.

MOIL Ltd. - Approval of environmental clearance for purchase of land for new mine

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.

The Company has issued Bonus Shares in the Ratio of 1:1.

MOIL, Steel Min ink pact to meet 12.50 LT production target.

"Commencement of Production at Parsoda Mine".

MOIL signs MoU with Gujarat Mineral Development Corporation.