NMDC inks share subscription pact with Legacy

R. Y. Narayanan Updated - March 12, 2018 at 11:56 AM.

NMDC Ltd has signed the share subscription agreement with Legacy Iron Ore Ltd, Australia, on October 20 for holding 50 per cent of the total shares in the capital of Legacy Iron Ore, at a price aggregating A$18.89 million subject to the approval of shareholders of Legacy, Australian Stock Exchange, approval of FIRB and other compliances as applicable in this regard.

Published on October 21, 2011 07:02