NMDC Steel (NSL) has been listed at Bombay Stock Exchange on Monday, February 20, 2023. NSL, NMDC’s 3 MTPA Integrated Steel Plant at Nagarnar in Chhattisgarh, was listed to become a public company.
NMDC Steel was incorporated as a wholly owned subsidiary of NMDC on January 2, 2015 under the Companies Act, 2013 with a registered office at NMDC Iron & Steel Plant Nagarnar Bastar, Chhattisgarh.
The now demerged company NMDC Steel is a central public sector enterprise with a paid-up capital of Rs 2,930 crore owned by the President of India, under the administrative control of the Ministry of Steel, Government of India. The Government owns 60.79% stake in this company.
