NMDC Limited ( (IN:NMDC) ) has issued an update.
NMDC Limited has disclosed under Regulation 31(4) of SEBI that the President of India, as the promoter, holds 60.79% of the company’s shares as of March 31, 2025, with no encumbrance of shares during the financial year. This disclosure underscores the company’s stable ownership structure and may reassure stakeholders about the continuity of its strategic direction and operations.
More about NMDC Limited
NMDC Limited operates in the mining industry, primarily focusing on the extraction and production of iron ore. It is a significant player in the Indian market, with a substantial shareholding held by the President of India, indicating its strategic importance in the country’s steel production sector.
YTD Price Performance: -1.36%
Average Trading Volume: 983,958
Current Market Cap: 572.2B INR
See more data about NMDC stock on TipRanks’ Stock Analysis page.