MSTC Limited Director (Commercial) Recruitment 2026: Salary, Eligibility, Application & PESB Details

The Public Enterprises Selection Board has announced a prestigious Director (Commercial) vacancy at MSTC Limited, a Mini-Ratna Category B CPSE under the Ministry of Steel, offering a high-paying board-level government career with a salary range of ₹1.6–2.9 lakh per month plus extensive benefits.

The role involves leading MSTC’s commercial operations, marketing, e-commerce, international trade, and business development, playing a key part in the company’s digital and market expansion strategy. Eligible candidates must be at least 40 years old, hold a regular senior position in CPSEs, government services, large SPSEs, or eligible private sector companies (₹1,000 crore+ turnover), possess an engineering degree or MBA/PGDM in Marketing, and have at least five years of relevant senior-level experience.

Applications must be submitted through the PESB portal by February 2, 2026 (3:00 PM), with mandatory vigilance clearance and organizational forwarding where applicable. This five-year appointment offers strong job security, pension benefits, strategic leadership exposure, and an opportunity to shape India’s public-sector e-commerce and trading landscape.

MSTC Limited Director (Commercial) Job Opening 2026: A Complete Guide to Career Opportunities in Government PSU Sector

High-Paying Government Jobs in India’s Leading Mini-Ratna Company

Are you seeking prestigious government jobs in India with excellent financial benefits and career growth? The Public Enterprises Selection Board (PESB) has announced an exciting job opportunity for the position of Director (Commercial) at MSTC Limited, one of India’s most respected Mini-Ratna Category B CPSE companies.

This comprehensive guide provides everything you need to know about this lucrative career position, eligibility criteria, application process, and strategic career advancement in the Indian public sector.

About MSTC Limited: India’s Leading E-Commerce Trading Enterprise

Company Profile and Background

MSTC Limited stands as a pioneering organization in India’s trading and marketing services sector since its incorporation in 1964. As a Schedule “B” Mini-Ratna CPSE (Central Public Sector Enterprise) operating under the Ministry of Steel, MSTC operates with a clear mandate: managing the disposal of ferrous and non-ferrous scrap materials and secondary materials from integrated steel plants.

The organization has evolved into a web-based e-commerce services provider, serving hundreds of organizations including public sector undertakings and government departments across India. MSTC Limited employs 299 highly skilled professionals (comprising 233 executives and 66 non-executives), making it an attractive employer for ambitious career-seekers.

Key Financial Indicators

• Authorized Capital: Rs. 150.00 Crore
• Paid-up Capital: Rs. 70.40 Crore (as of March 31, 2025)
• Government of India Shareholding: 64.75%
• Registered Office: Kolkata, West Bengal
• Corporate Office: New Delhi

Director (Commercial) Position: Career Overview and Responsibilities

Role Overview and Seniority Level

The Director (Commercial) position represents one of the most prestigious roles within MSTC Limited’s corporate hierarchy. As a Board Member, the Director (Commercial) reports directly to the Chairman and Managing Director, wielding significant influence over organizational strategy, business development, and operational excellence.

Primary Job Responsibilities

The Director (Commercial) assumes comprehensive responsibility for multiple critical organizational functions:

1. Operational Leadership: Leading the entire Operations Group, which encompasses the Marketing Group and Selling Agency Group, ensuring seamless coordination across departments.
2. Business Growth Strategy: Spearheading initiatives to achieve substantial business growth across all related operational spheres, with a focus on revenue enhancement and market expansion.
3. Business Development: Identifying new business opportunities, exploring emerging markets, and developing strategic partnerships to strengthen MSTC’s competitive position.
4. Departmental Oversight: Managing and optimizing performance across multiple functional areas including:

• HQ E-Sale Cell operations
• International trade initiatives
• E-commerce platform development
• Systems department management

Strategic Importance

This role is pivotal for MSTC’s future growth trajectory. As Director (Commercial), you’ll be instrumental in transforming the organization’s e-commerce capabilities, expanding its market reach, and ensuring operational efficiency in a rapidly digitizing business environment.

Compensation Package: Lucrative Salary Structure

Salary and Benefits

The position offers an attractive compensation package designed to reward excellence and retain top-tier talent:

Base Salary Range: Rs. 160,000 – Rs. 290,000 (IDA) per month

This places the position among the most high-paying government jobs in India, with annual earnings exceeding Rs. 25+ lakhs, excluding additional benefits.

Additional Benefits and Perquisites

MSTC Limited provides comprehensive benefits packages including:

• Dearness Allowance (DA): Regularly revised based on inflation
• House Rent Allowance (HRA): Based on posting location
• Medical Benefits: Full family coverage under CPSE medical schemes
• Pension Benefits: Assured, government-backed pension scheme
• Leave Encashment: Generous leave provisions with encashment benefits
• Gratuity: Competitive gratuity package
• Educational Allowance: For dependent children
• Vehicle Benefit: In some cases, depending on organizational norms

Eligibility Criteria: Who Can Apply?

Age Requirements

Minimum Age: As per the date of occurrence of vacancy (DOV), candidates must meet the following criteria:

• Minimum age of 40 years with at least 2 years residual service (for internal candidates)
• Minimum age of 40 years with at least 3 years residual service (for external candidates)

Both requirements are calculated against the superannuation date of 60 years.

Employment Status Requirements

Applicants must hold a regular, permanent employment position (not contractual or ad-hoc) with one of the following organizations:

Category A – Central Public Sector Enterprises (CPSE)

• Regular employees of any CPSE
• Full-time functional directors on CPSE boards
• Provides easier eligibility pathway for internal candidates

Category B – Central Government and Allied Services

• Group ‘A’ officers under Central Government
• Armed Forces officers (minimum Brigadier rank)
• All India Services (AIS) officers
• Officers from Public Sector Banks and Financial Institutions
• Officers from Autonomous Bodies

Category C – State Public Sector Enterprises (SPSE)

• Must have minimum annual turnover of Rs. 1,000 crore or more
• Calculated based on average audited turnover of three preceding financial years

Category D – Private Sector

• Must have annual turnover of Rs. 1,000 crore or more
• Preference given to candidates from listed companies
• Requires submission of annual reports and proof of listing status

Educational Qualifications

Candidates must possess one of the following qualifications from recognized universities or institutions:

1. Bachelor’s Degree in Engineering (any discipline) with good academic record
2. Master’s Degree in Business Administration (MBA) with specialization in Marketing
3. Post-Graduate Diploma in Management (PGDM) with specialization in Marketing

The phrase “good academic record” typically means consistent performance without academic backlogs.

Professional Experience Requirements

The ideal candidate should demonstrate:

• Cumulative Experience: Minimum of 5 years during the preceding 10 years
• Specialization Areas: Marketing, Business Development, Sales Forecasting & Planning, or related fields
• Organizational Scale: Experience must be gained in large organizations of repute
• Added Advantage: Prior experience in the steel sector or heavy industry
• Leadership Exposure: Track record of managing teams and departments

Application Process: Step-by-Step Guide

Pre-Application Preparation

1. Gather Required Documents

Prepare all necessary documentation before beginning the online application:

• Valid photograph (passport-sized, recent)
• Scanned copies of degree certificates and diplomas
• Self-attested copies of experience certificates
• Caste/Category certificates (if applicable)
• Passport or Aadhaar for identity verification
• Annual reports (for private sector candidates)
• Proof of company’s listed status (where applicable)

2. Obtain Organizational Clearances

Different applicants require different submission channels:

For Government/Armed Forces Officers:

• Obtain clearance from your Cadre Controlling Authority
• Submit through official departmental channels

For Bank/Financial Institution Officers:

• Secure approval from your Administrative Ministry or Department
• Submit through designated governmental channels

For CPSE Employees:

• If holding Board-level position: Submit through Administrative Ministry
• If below Board level: Submit through your current organization’s HR Department

For State PSE Employees:

• Obtain clearance from Administrative Secretary
• Submit through designated cadre controlling authority

For Private Sector Candidates:

• Direct submission to PESB is permitted
• No organizational clearance required

Online Application Submission

1. Access the PESB Portal

Visit the official website: https://pesb.gov.in/

2. Complete the Application Form

• Fill all mandatory fields with accurate information
• Ensure consistency between online application and supporting documents
• Double-check all entries before final submission

3. Upload Documents

• Follow specified file formats and size limitations
• Ensure clear scans of all supporting documents
• Verify document quality before uploading

4. Provide Mandatory Undertaking

As part of the application, you must provide a formal undertaking stating:

• Your willingness to accept and join the position if selected
• Understanding of the conditions of appointment

Important: Applications without this undertaking will be summarily rejected.

Application Submission Timeline (Critical Dates)

• Advertisement Date: January 12, 2026
• PESB Portal Opening: Immediately after advertisement
• Last Date for Candidate Submission: February 2, 2026 (by 3:00 PM)
• Last Date for Organizational Forwarding: February 11, 2026 (by 5:00 PM)

Note: No applications will be accepted after the stipulated deadline under any circumstances.

Application Submission Methods

Candidates can choose one of two submission methods:

Method 1 – Online Submission:

• Fill and submit form directly on PESB website
• Document upload completes the application
• Recommended for fastest processing

Method 2 – Offline Submission:

• Complete application online on PESB website
• Print the completed form
• Submit physical copies through official channels
• Allows retention of printed records

Submission Address

For Offline Submission (if applicable):

Secretary
Public Enterprises Selection Board
Public Enterprises Bhawan
Block No. 14, CGO Complex
Lodhi Road
New Delhi – 110003.

All correspondence should be addressed to: Secretary, PESB only.

Vigilance Clearance: An Important Requirement

Vigilance Profile Requirements

All candidates, regardless of sector background, must be cleared from the vigilance angle. This involves:

• Submission of vigilance profile in prescribed format
• Certification by cadre controlling authority or current employer
• Compliance with latest DPE guidelines (Reference: OM No F.NO. 15(2)/2001-DPE(GM)-FTS-4199 dated October 28, 2025)

Critical Point: Organizations must forward only those applications where candidates have obtained vigilance clearance. Failure to provide vigilance clearance may lead to application rejection.

Selection Process and Interview

Selection Criteria

The PESB Board reserves the right to shortlist candidates for interview based on:

• Adherence to eligibility criteria
• Quality and completeness of applications
• Relevance of experience to the position
• Academic credentials and track record
• Latest guidelines issued by PESB

Interview Structure

While the advertisement doesn’t specify interview format, typically PESB conducts:

• Personal interviews assessing suitability for board-level position
• Evaluation of leadership qualities and strategic thinking
• Assessment of domain expertise in commercial operations
• Discussion of vision for organizational growth

Board Decision

The Board makes final decisions regarding:

• Shortlisting of candidates
• Selection of suitable candidates
• Job offer issuance
• Appointment terms

Terms and Conditions of Appointment

Duration of Appointment

• Duration: Five years from the date of joining
• Alternative End Date: Date of superannuation or further orders, whichever is earliest
• Age of Superannuation: 60 years (for most candidates)

Immediate Absorption for Government Officers

Central Government officers, including Armed Forces personnel and officers from Public Sector Banks/Financial Institutions, are eligible on an immediate absorption basis only. This means:

• No formal separation from parent organization required
• Seamless transition to MSTC
• Continuity of pension benefits

Conditions and Undertakings

If selected, candidates must provide undertakings regarding:

• Commitment to Join: Willingness to join the position if offered
• Adherence to Conditions: Agreement to follow all terms and conditions of appointment
• Performance Standards: Commitment to meet organizational expectations and KPIs

Consequences of Non-Compliance

Significant penalties apply for withdrawal after selection:

For Central Government/Armed Forces/PSB Officers:

• Withdrawal after interview: Debarred for 2 years from board-level positions across all CPSE
• Withdrawal after offer letter: Debarred for 2 years from board-level positions across all CPSE

For CPSE Employees:

• Withdrawal after interview: Debarred for 2 years from board positions in other CPSE
• Withdrawal after offer: Debarred for 2 years from board positions in other CPSE

For SPSE/Private Sector Candidates:

• Withdrawal after interview: Debarred for 2 years from CPSE board positions
• Withdrawal after offer: Debarred for 2 years from CPSE board positions

No relaxation of these conditions will be entertained under any circumstances.

Why This Position Represents Excellent Career Opportunity

Strategic Advantages

1. Board-Level Exposure
As a Director, you’ll gain exposure to organizational strategy, policy formulation, and corporate governance at the highest levels.

2. Government Job Security
MSTC’s status as a Mini-Ratna CPSE provides exceptional job security, pension benefits, and protection under government employment regulations.

3. Leadership Platform
Direct the Operations Group, Marketing Group, and Selling Agency Group—leading 100+ professionals and shaping organizational direction.

4. Business Development Opportunity
Spearhead e-commerce transformation and international expansion initiatives in India’s growing trading sector.

5. Financial Stability
Secure compensation exceeding Rs. 25+ lakhs annually with comprehensive benefits, gratuity, and pension provisions.

Sector Growth and Future Prospects

Steel Industry Trajectory: India’s steel sector continues expansion with government support for infrastructure development and industrial growth.

E-commerce Revolution: MSTC’s focus on digitizing trading operations positions the organization at the forefront of B2B e-commerce in India.

Government Sector Demand: Increased government spending on infrastructure and PSU modernization creates growth opportunities.

Strategic Career Development Path

Prior Experience to Strengthen Your Application

To enhance your candidacy for this prestigious position, consider gaining experience in:

• Marketing Leadership: Demonstrate ability to develop and execute marketing strategies
• Business Development: Showcase track record of identifying and exploiting business opportunities
• Sales Management: Highlight experience in sales forecasting, planning, and execution
• P&L Responsibility: Gain experience managing profit and loss statements
• Stakeholder Management: Work with diverse stakeholders including government agencies and corporate entities
• Digital Transformation: Lead e-commerce initiatives or digital business transformation projects

Professional Certifications

While not mandatory, additional qualifications that strengthen your profile:

• Executive Education: Completion of executive programs from prestigious institutions
• Digital Marketing Certification: Industry-recognized digital marketing credentials
• Leadership Development: Formal leadership training programs

Common Questions: Frequently Asked

Q1: Am I eligible if I work in private sector?

A: Yes, if your company has average annual turnover of Rs. 1,000 crore (calculated over 3 years). Preference given to listed companies.

Q2: What if I don’t have exactly 5 years of experience?

A: You need minimum 5 years of cumulative experience in relevant areas during the preceding 10 years. Less than 5 years would render you ineligible.

Q3: Is an MBA mandatory?

A: No. You can qualify with a bachelor’s degree in engineering with good academic record, or MBA/PGDM in Marketing.

Q4: What happens if I withdraw after getting selected?

A: You would be debarred from board-level positions in CPSE for 2 years from the date of withdrawal. This is a serious consequence affecting your career trajectory.

Q5: Can I submit applications after the deadline?

A: No. PESB strictly adheres to deadlines. Applications submitted after 3:00 PM on February 2, 2026, will be rejected without exception.

Q6: Is vigilance clearance necessary?

A: Yes, absolutely. Your organization must forward your application only after obtaining vigilance clearance. Without it, your application won’t be considered.

Conclusion: A Transformational Career Opportunity

The MSTC Limited Director (Commercial) position represents more than just a lucrative government job—it’s a transformational career opportunity to lead India’s trading sector into the digital future. With competitive compensation exceeding Rs. 25+ lakhs annually, comprehensive benefits, exceptional job security, and the platform to influence organizational strategy, this position attracts ambitious professionals seeking meaningful career advancement in the public sector.

Action Steps

1. Verify Eligibility: Ensure you meet all criteria regarding employment status, qualifications, and experience
2. Gather Documentation: Prepare all required supporting documents
3. Secure Clearances: Obtain vigilance and organizational approvals
4. Complete Application: Submit comprehensive, error-free online application by February 2, 2026
5. Follow Up: Maintain awareness of selection process updates and interview notifications

The deadline for applications is February 2, 2026, by 3:00 PM. This prestigious opportunity awaits accomplished professionals ready to make their mark on India’s public sector landscape.