NMDC is planning to raise funds in one or more tranches Secured or Unsecured Non-convertible Debentures/Bonds on private placement basis on such terms and conditions and at such times at par or at such premium. The Board of Directors of the Company at its meeting to be held on October 11, 2019 to consider the same.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.