In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, MOIL has informed that in line with the business practice of fixing/revising prices Manganese Ore, the Company has fixed/revised prices of different grades of Manganese Ore and other products, effective from 01.09.2018. The prices of Ferro Grade ore have been increased by about 5% on the existing prices prevailing since 01.08.2018. The prices of SMGR (Mn30% & Mn25%), Chemical Grade and Fines have been continued as prevailing since 01.08.2018. However, a discount at the rate of 10% will be offered on the prices effective from 01.09.2018 on specific grade of material i.e. BGL523, DBL456 & DBL457. On sales of BGF534, existing discount of 5% during August, 2018 is increased to 10% for dispatches during September 2018.
The above information is a part of company’s filings submitted to BSE.
