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 of Manganese Ore and other products, the Company has fixed/revised prices of different grades of Manganese Ore and other products, effective from 01.09.2022 as under. The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been decreased by 15% on the prevailing prices since 01.08.2022 with effect from midnight of 31.08.2022/01.09.2022, The prices of all other Ferro grades of manganese ore with Manganese content below Mn-44%, SMGR(Mn-30% & Mn-25%), Fines and Chemical grades have been decreased by 10% on the prices prevailing since 01.08.2022 with effect from midnight of 31.08.2022/01.09.2022 and The basic price of EMD have been increased from Rs 1,55,000 PMT to Rs 1,65,000 PMT with effect from midnight of 31.08.2022/01.09.2022.
The above information is a part of company’s filings submitted to BSE.
