MP government grants mining lease on over 48.974 hectare land to MOIL

MOIL Ltd. | Mining & Minerals | Metals & Mining | BSE: 533286 | NSE: MOIL

18 Mar 2016 Evaluate

MOIL has been granted mining lease on over 48.974 hectare in village Lugma, Tehsil Paraswada of Balaghat District (Madhya Pradesh) by Government of Madhya Pradesh (MP). The said lease has been executed and registered by the company. This area falls under Ukwa Mine of the company.

MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).

Peers

Company Name	CMP
Coal India	422.20
NMDC	80.50
Ashapura Minechem	517.40
Sandur Manganese	181.45
GMDC	543.25
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.