Mining PSU Stock, NMDC Ltd shares in focus as company to declare interim dividend on 17 March
The company has implemented a trading window closure for insiders, designated individuals, and their immediate family members from March 7 to March 19, 2025, under SEBI's insider trading restrictions.
Mining PSU Stock, NMDC Ltd shares in focus as company to declare interim dividend on 17 March
The Board of Directors of Navratna PSU, National Mineral Development Corporation Ltd. (NMDC), has scheduled a meeting for March 17, 2025, to discuss an interim dividend for the fiscal year 2024–2025.
The company has implemented a trading window closure for insiders, designated individuals, and their immediate family members from March 7 to March 19, 2025, under SEBI's insider trading restrictions.
NMDC has verified Amitava Mukherjee's appointment as Chairman and Managing Director (CMD), effective March 6, 2025. Since March 2023, Mukherjee, who joined NMDC in November 2018 as Director (Finance), has held the additional responsibility of CMD. His term will end on February 29, 2028, or earlier if directed. In addition, he is Chairman of Legacy Iron Ore and NMDC Steel.
Join PSU Connect on WhatsApp now for quick updates! Click here
Read Also : SJVN celebrates International Women's Day 2025 with Pride and Purpose
As India’s single-largest iron ore producer, NMDC operates three fully mechanised mines, two in Chhattisgarh and one in Karnataka, with an annual production of about 35 MT.
As of December 2024, the Government of India held a 60.79% stake in the company. Ahead of the announcement, shares of NMDC closed at ?67.07, up 0.19% on Friday on the BSE.
Read Also : NTPC NRHQ Celebrates International Women's Day with great enthusiasm