MSTC Limited appointed Shri Ashwini Kumar, Economic Adviser, Ministry of Steel as Government Nominee Director on the Board of Directors of the company in place of Shri Awadhesh Kumar Choudhary. Accordingly, Shri Awadhesh Kumar Choudhary ceases to be the Director of the Company with effect from 28 March 2023. Shri Ashwini Kumar is an Officer of the Indian Economic Service (IES) and has been involved in formulation of public policies, macroeconomic policies in particular.

At present, he is Economic Adviser, Ministry of Steel, Government of India. He has a rich work experience of more than 19 years in various fields of administration, public policy, public finance, development economics and econometrics. He is also a Government Nominee Director in the Boards of Indore Smart City Development Limited and Davanagere Smart City Limited.