IOL Chairman & Managing Director Vacancy 2026

IOL Recruitment 2026 - Chairman & Managing Director

IOL has released an official notification for the recruitment of Chairman & Managing Director posts. Eligible candidates can apply for this recruitment before 01 Dec 2026. Read the full details below including eligibility criteria, important dates, and how to apply.

IOL Chairman & Managing Director - Overview

Organization	IOL
Post Name	Chairman & Managing Director
Advertisement No.	01/2026
Qualification	Graduate, Post Graduate, B.Tech/B.E, CA, MBA/PGDM
Location	New Delhi, Delhi
Salary	Rs. 180,000 - Rs. 320,000 per MONTH
Job Type	Contract
Application Start Date	02 Nov 2026
Last Date to Apply	01 Dec 2026
Official Website	www.ddpmod.gov.in

Eligibility Criteria

Candidates applying for IOL Chairman & Managing Director recruitment must possess the following educational qualification: Graduate, Post Graduate, B.Tech/B.E, CA, MBA/PGDM. Candidates are advised to check the official notification for detailed eligibility requirements.

Age Limit

The age of the candidate should be between 45 years and 60 years. Age relaxation is applicable as per government rules for reserved categories. Please refer to the official notification for details.

Salary Details

Selected candidates for the Chairman & Managing Director position at IOL will receive a salary of Rs. 180,000 - Rs. 320,000 per MONTH. Additional allowances may apply as per government norms.

Important Dates

Application Start Date	02 Nov 2026
Last Date to Apply	01 Dec 2026

How to Apply

Interested and eligible candidates can apply for IOL Chairman & Managing Director recruitment 2026 by following these steps:

Visit the official website: www.ddpmod.gov.in
Look for the Chairman & Managing Director recruitment notification
Read the eligibility criteria and ensure you meet all requirements
Fill in the application form with accurate details
Upload the required documents and photograph
Submit the application and save the confirmation for future reference

Important Links

Official Notification	Download PDF
Official Website	www.ddpmod.gov.in

Also Check

Results 2026 Admit Card 2026 Answer Key 2026 Syllabus 2026

Frequently Asked Questions

Can a person on contract apply for the IOL CMD post?

No. The applicant must be employed in a regular capacity on both the date of application and the date of interview, and contractual or ad-hoc employment does not qualify.

Who counts as an internal candidate?

Eligible officers of the Indian Ordnance Factories Services are considered internal candidates. They need one year of service in the eligible scale, against two years for others.

What is the minimum company turnover for private sector applicants?

The company must have an annual turnover of Rs. 750 crore or more, and the applicant must be working at Board level. The same turnover limit applies to State Public Sector Enterprises.

How many years of experience are needed?

At least 5 years during the last 10 years in a core area such as Finance, Production, Marketing or Research & Development. Those with 5 years in HR/IR/Personnel Management also need at least 3 years in a core area during the last 10 years.

How long is the appointment?

It runs for 5 years from joining, unless superannuation or further orders end it earlier.

What happens if a selected candidate refuses to join?

A candidate who conveys unwillingness after the interview, or after the offer of appointment, is debarred for two years from being considered for a Board level post in any CPSE. For CPSE candidates, the bar covers CPSEs other than their own. The two years run from the date of the interview or of the offer, and no request for relaxation would be entertained.

How many times can I appear in selection meetings?

You may apply any number of times in a calendar year but can appear in only 03 selection meetings. Being shortlisted and remaining absent counts as one of the three.

How much time do nodal officers get to verify applications?

Nodal officers of CPSEs, Ministries and Departments get 9 days for verification. All applications are to be forwarded to DDP/MoD within 30 days from the date of advertisement.