KIOCL temporarily suspends operations of Pellet Plant Unit in Mangalore

KIOCL Ltd. | Mining & Minerals | Metals & Mining | BSE: 540680 | NSE: KIOCL

13 Dec 2023 Evaluate

KIOCL has temporarily suspended the operations of Pellet Plant Unit (The Plant) of the Company at Mangalore with effect from December 12, 2023 due to non-availability of iron-ore fines.

Earlier, the company had temporarily suspended the operation of Pellet Plant Unit (The Plant) of the Company at Mangalore with effect from September 28, 2023 due to non-availability of iron-ore fines and as well as for carrying out maintenance activities.

KIOCL is engaged in the business of manufacturing and exporting high quality Iron Oxide Pellets and supply of pig iron for domestic market. The company also in the business segment of Pellets, Pig Iron.

Peers

Company Name	CMP
Coal India	411.85
NMDC	79.70
Ashapura Minechem	525.80
Sandur Manganese	185.45
GMDC	556.60
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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.