IOL Chairman & Managing Director Recruitment 2026 | 1 Post | Apply Now
Job Overview:
| Organization | India Optel Limited |
|---|---|
| Post Name | Chairman & Managing Director |
| Advt. No. | 01/2026 |
| Total Vacancies | 1 |
| Qualification | Engineering / CA / Cost / MBA |
| Salary | Rs. 180000-320000 (IDA) |
| Job Location | New Delhi |
| Application Starting Date | November 2, 2026 |
| Last Date to Apply | December 1, 2026 |
| Mode of Apply | Online |
| Official Website | www.ddpmod.gov.in |
India Optel Limited is hiring a Chairman and Managing Director under the Ministry of Defence.
India Optel Limited (IOL), a schedule B CPSE under the Department of Defence Production, has announced an opening for the post of Chairman & Managing Director. Eligible leaders from CPSEs, Central Government, State PSEs, and the Private Sector can apply before December 1, 2026.
Who Can Apply?
- Internal candidates must have a minimum age of 45 and at least 2 years of residual service as on the date of vacancy.
- Other candidates must have a minimum age of 45 and at least 2 years of residual service as on the date of vacancy.
- Applicants must hold an Engineering Graduate, Chartered Accountant, Cost Accountant, Post Graduate, or Graduate degree with an MBA/PGDIM from a leading institute.
- Applicants must possess cumulative experience of at least 5 years during the last 10 years in core areas like Finance, Business Development, Production, Operations, Marketing, Project Management, or R&D.
- Candidates must be currently employed in a regular capacity in a CPSE, Central Government Group A, qualifying State PSE, or a qualifying Private Sector Company.
Important Dates:
| Event | Date |
|---|---|
| Application Starts | November 2, 2026 |
| Date of Advertisement | November 2, 2026 |
| Last Date to Apply | December 1, 2026 |
Vacancy Details: IOL
| Post | Vacancies |
|---|---|
| Chairman & Managing Director | 1 |
Educational Qualifications: IOL
| Post | Qualification |
|---|---|
| Chairman & Managing Director | Engineering Graduate/Chartered Accountant/Cost Accountant/Post Graduate/Graduate with MBA/PGDIM from a leading institute. |
Age Limit:
| Post | Age Range |
|---|---|
| Chairman & Managing Director | Minimum 45 years with 2 years residual service |
Salary Details:
| Post | Pay Scale |
|---|---|
| Chairman & Managing Director | Rs. 180000-320000 (IDA) |
Selection Process: IOL
- Shortlisting by the Search-cum-Selection Committee
- Personal Interview
Roles and Responsibilities:
- Corporate Leadership: Accountable for the efficient functioning of the company to achieve corporate objectives and performance parameters.
- Government & Stakeholder Liaison: Maintain close liaison with Central and State government authorities, Ministry of Defence, DRDO, and Service Headquarters for defence projects.
- Business Development & R&D: Lead initiatives in indigenization, import substitution, export enhancement, modernization, and R&D.
About IOL:
India Optel Limited is a schedule B Central Public Sector Enterprise under the administrative jurisdiction of the Department of Defence Production, Ministry of Defence. It manufactures various defence products including weapon sights, periscopes, thermal imagers, and tactical equipment across its production units.
How to Prepare
Our tips, based only on what the notification asks for:
- Review your leadership track record in core management areas like production, finance, or business development.
- Ensure all necessary documentation regarding your annual turnover, board-level experience, or vigilance clearance is attached.
- Familiarize yourself with the ongoing defence projects and indigenization goals of the Ministry of Defence.
What the Notification Does Not Mention
- Application fee amount is not specified.
- Exact date of the interview is not mentioned.
- Selection process stages beyond shortlisting and interview are not detailed.
How to Apply: IOL
- Prepare your application as per the prescribed format attached in the official notification.
- Send a soft copy of your application online via email to [email protected].
- Send a hard copy of your application by post to the office of Shri Tushar Kodap, Joint Director, Department of Defence Production, Ministry of Defence, New Delhi.
- Ensure applications are routed through the proper channel before the stipulated deadline of December 1, 2026.
Check all eligibility criteria and forwarding channels before submitting your application to the Ministry of Defence.
Important Links:
| Events | Links |
|---|---|
| Official Notification | Click Here |
| Official Website | Click Here |
Frequently Asked Questions:
What is the last date to apply for IOL Chairman & Managing Director?
The last date to apply is December 1, 2026.
How many vacancies are there?
There is 1 vacancy.
What is the age limit?
The age limit is Minimum 45 years with 2 years residual service.
What qualification is required?
Required qualification: Engineering / CA / Cost / MBA. See the eligibility section above for details.
What is the pay scale for this post?
The scale of the post is Rs. 180000-320000 (IDA).
Who is eligible to apply?
Engineers, Chartered Accountants, Cost Accountants, or Postgraduates/MBA graduates with relevant senior-level executive experience can apply.
What is the duration of the appointment?
The appointment is for a period of 5 years or up to the date of superannuation, whichever is earlier.
Stay safe: Pay the application fee only on the official website. No agent or coaching centre can get you selected in the IOL recruitment.
Source: the official IOL notification (Advt. No. 01/2026).
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Disclaimer: This job post is for information only. All applications and questions should go to IOL through the official process.
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