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NMDC gets nod to incorporate Wholly-Owned Subsidiary in Gujarat

13 Aug 2025 Evaluate

NMDC has received approval for incorporation of a Wholly-Owned Subsidiary (WOS) in International Financial Service Centre (IFSC), Gujarat International Finance Tec-City (GIFT), Gandhinagar, Gujarat, subject to approval of Ministry of Steel, DIPAM and any other authority as may be required. The Board of Directors of the company in its 579th Meeting held on August 12, 2025 inter-alia approved 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.


NMDC Share Price

89.46 0.65 (0.73%)
21-Apr-2026 09:39 View Price Chart
Peers
Company Name CMP
Coal India 444.00
NMDC 89.46
GMDC 699.70
Sandur Manganese 216.85
MOIL 327.40
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