Buyback Dates | 17 Dec 2020 - 31 Dec 2020 |
Buyback Price | 105 |
Record Date | 23 Nov 2020 |
Approval Date | 10 Nov 2020 |
Public Announcement | 10 Nov 2020 |
Buyback Offer | Rs.1378 crores |
Buyback Offer Size | 5.0% |
Number of Shares | 13.12Cr |
Buyback Type | Tender Offer |
Incorporated in 1958 as a Government of India fully owned public enterprise. NMDC is under the administrative control of the Ministry of Steel, Government of India.
The company is India’s largest iron producer with 3 mines in Chhattisgarh and Karnataka. The Company also operates the only mechanized diamond mine in the country at Panna in MP. The Company is involved in the exploration of iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, etc.
The Record Date for NMDC Limited Buyback is 23 Nov 2020.
The NMDC Limited Buyback will open on 17 Dec 2020 and closes on 31 Dec 2020.
The Buyback price of NMDC Limited is Rs.105.
The Buyback Type of NMDC Limited is Tender Offer.