NMDC Limited Buyback - Record Date, Buyback Price & Details

NMDC Limited Buyback Details

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

About NMDC Limited Buyback

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.

NMDC Limited Buyback FAQs

  1. What is the Record Date for NMDC Limited Buyback?

    The Record Date for NMDC Limited Buyback is 23 Nov 2020.

  2. What is the Buyback Dates for NMDC Limited?

    The NMDC Limited Buyback will open on 17 Dec 2020 and closes on 31 Dec 2020.

  3. What is the Buyback price of NMDC Limited?

    The Buyback price of NMDC Limited is Rs.105.

  4. What is the Buyback Type of NMDC Limited?

    The Buyback Type of NMDC Limited is Tender Offer.