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FILE PHOTO: A self-driving dump truck collects iron ore at Rio Tinto's Gudai-darri mine in the Pilbara region of Western Australia, October 19, 2023. REUTERS/Melanie Burton/File Photo | Photo Credit: MELANIE BURTON
Shares of NMDC were trading 3.17 per cent lower at ₹67.15 at 1.14 PM on Monday on the BSE.
NMDC has announced the allotment of 586,12,11,700 fully paid-up bonus equity shares. The allotment ratio is 2:1; that is, shareholders are to receive two bonus shares for every existing fully paid-up equity share held, as on December 27, 2024, the record date.
National Mineral Development Corporation (NMDC) is a state-owned iron ore producer and exporter. In addition, it also mines for diamonds, rock, gypsum, magnesite, tin, graphite and coal, among others.
Published on December 30, 2024
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