India Optel Limited invites applications for the post of Chairman & Managing Director starting 2 November 2026. Candidates aged 45 to 60 with relevant graduate or postgraduate qualifications and experience in reputed industries can apply. The last date to submit applications is 1 December 2026 by 5 PM.
| Eligible Scale of Pay | Period |
|---|---|
| Rs. 7250-8250 (IDA) | Pre 01/01/1992 |
| Rs. 9500-11500 (IDA) | Post 01/01/1992 |
| Rs. 20,500-26,500 (IDA) | Post 01/01/1997 |
| Rs. 51300-73000 (IDA) | Post 01/01/2007 |
| Rs. 120000-280000 (IDA) | Post 01/01/2017 |
| Rs. 18400-22400 (CDA) | Pre-revised Post 01.01.1996 |
| Rs. 37400-67000 + GP 10000 (CDA) | Post 01/01/2006 |
| Rs. 144200-218200 (Level 14) CDA | Post 01/01/2016 |
| Post | Vacancies | Pay |
|---|---|---|
| Chairman & Managing Director | - | Rs. 180000-320000 (IDA) |
India Optel Limited has advertised its top post, Chairman & Managing Director, in the scale of Rs. 180000-320000 (IDA). This is a senior selection: applicants must be at least 45 and already hold a regular post at the required level in a government body, public sector enterprise or large company. Complete applications must reach the Department of Defence Production by 17:00 hours on 1 December 2026. Applicants going through a proper channel should work to an earlier date, because the notice allows them up to 21 days from the advertisement.
The official notification does not specify the application fee.
India Optel Limited is a Schedule B Central Public Sector Enterprise under the administrative jurisdiction of the Department of Defence Production, Ministry of Defence, with its registered office at OFILDD Campus, Raipur, Dehradun-248008. It has 3 production units: Ordnance Factory Chandigarh, Ordnance Factory Dehradun and Opto-Electronics Factory Dehradun. Its products include sights for T-90S (BHISHMA), Tank T-72 M1 (AJEYA) and ICV BMP-II (SARATH), along with artillery and surveillance sights, assault rifle and small arms sights, cables, the Commander Thermal Imager and periscopes. As on 31 March 2026, its authorized and paid up capital stood at Rs. 6500 Crores and Rs. 5958.64 Crores, with 04 regular employees at Board of Director level and 2275 employees on deemed deputation.
The vacancy arose on 1 June 2026.
The Chairman & Managing Director is the Chief Executive of the company, accountable to the Board of Directors and the Government of India, and responsible for its efficient functioning and for meeting its corporate objectives and performance parameters.
Age is counted on the date of occurrence of vacancy, and the age of superannuation is 60 years. The same limits apply to internal candidates and others.
The applicant should be an Engineering Graduate/ Chartered Accountant/ Cost Accountant/ Post Graduate/Graduate with MBA/ PGDIM from a leading institute.
The applicant should meet one of these two requirements:
Applicants with experience in the Electronics/Opto-Electronics/Instrumentation/Communication Industry will be preferred.
On both the date of application and the date of interview, the applicant must be employed in a regular capacity, not a contractual or ad-hoc one, in one of the following:
Turnover is the average audited annual turnover of the three financial years preceding the calendar year of the advertisement. Preference would be given to candidates from listed companies among private company applicants. Applicants from private companies, JVs and federations will be arranged in order of the annual turnover of these entities.
The minimum service required in the eligible scale is one year for internal candidates and two years for others as on the date of vacancy. Eligible officers of the Indian Ordnance Factories Services are treated as internal candidates.
See the official notification for the discipline-specific eligibility of this post.
Selection is through the Search-cum-Selection Committee procedure as approved by ACC. The Committee reserves the right to shortlist applicants for interview.
The cadre controlling or competent authority should forward applications only of those who are clear from the vigilance angle, under DPE guidelines, the latest being OM No. F. No. 15(2)/2001-DPE(GM)-FTS-4199 dtd. 28.10.2025. The vigilance profile in the prescribed proforma must be attached with the application form.
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.
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.
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.
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.
It runs for 5 years from joining, unless superannuation or further orders end it earlier.
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.
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.
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.
| Detail | Information |
|---|---|
| Advertisement number | 01/2026 |
| Post | Chairman & Managing Director |
| Total vacancies | 1 (the notice does not print a number) |
| Pay scale | Rs. 180000-320000 (IDA) |
| How to apply | By e-mail as well as by post |
| Advertisement date | 02.11.2026 |
| Last date | 01.12.2026, by 17:00 hours |
| Limit | Requirement |
|---|---|
| Minimum | 45 years |
| Maximum | 2 years of residual service as on the date of vacancy w.r.t. the date of superannuation |
| Applicant Group | Requirement on Date of Application |
|---|---|
| Group 'A' Central Government officers, including All India Services and Autonomous Bodies | Post of the level of Joint Secretary in Government of India, or equivalent scale of pay, on substantive basis |
| Public Sector Bank/Financial Institutions | At Board Level for one year |
| Armed Forces of the Union | Post of the level of Major General in the Army, or equivalent rank in Navy/Air Force |
| State Public Sector Enterprises, Private Companies, JVs and Federations | Working at Board level position |
| Event | Date |
|---|---|
| Date of vacancy | 01.06.2026 |
| Date of advertisement | 02.11.2026 |
| Time for applicants | Up to 21 days from the date of advertisement, about 23.11.2026 (21 days from 02.11.2026) |
| Last date for receipt of complete application at DDP/MoD | 01.12.2026, by 17:00 hours |
| Applicant | Apply Through |
|---|---|
| Group 'A' Central Government officers, including Armed Forces and All India Services | Cadre Controlling authority |
| Officers from Public Sector Banks, Financial Institutions and Autonomous Bodies | Their Administrative Ministry/Department of the Govt. of India |
| CMDs, MDs and Functional Directors in CPSEs | The concerned Administrative Ministry |
| Below Board level in a CPSE | The concerned CPSE |
| CMDs, MDs and Functional Directors in State PSEs | The concerned Administrative Secretary and Cadre Controlling Authority (if any) of the State Government |
| Link | Open |
|---|---|
| IOL CMD advertisement | Official notification (PDF) |
| Official Website | Click Here |
| Application e-mail | Send application to DDP/MoD |
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The last date to apply is 1 December 2026 by 17:00 hours.
Candidates must be between 45 and 60 years of age as on the date of vacancy.
Applicants should be graduates, postgraduates, B.Tech/B.E, CA, or MBA/PGDM holders from a recognized institute.
Applications can be submitted by e-mail as well as by post to the Department of Defence Production.
The official notification does not specify any application fee.
Always verify details on the official notification before applying.
