NMDC Limited: President of India Maintains 60.79% Shareholding as of March 31, 2026

1 min read     Updated on 07 Apr 2026, 03:17 PM
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AI Summary

NMDC Limited disclosed that the President of India holds 534,49,00,713 shares (60.79%) as of March 31, 2026, with no share encumbrances during the financial year. The regulatory filing under SEBI Regulation 31(4) was submitted by the Ministry of Steel on April 7, 2026, confirming continued substantial government ownership in the iron ore mining company.

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NMDC Limited has submitted its mandatory disclosure under SEBI (Substantial Acquisition of Share and Takeovers) Regulations, 2011, revealing the promoter shareholding details as of March 31, 2026. The disclosure was filed with BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited on April 7, 2026.

Promoter Shareholding Details

The regulatory filing confirms that the President of India, acting as the promoter of NMDC Limited, maintains a substantial stake in the company. The shareholding position demonstrates the continued government control over this key mining enterprise.

Parameter: Details
Promoter: President of India
Shares Held: 534,49,00,713
Percentage Holding: 60.79%
Reference Date: March 31, 2026

Share Encumbrance Status

The disclosure specifically addresses the encumbrance status of the promoter's shareholding during the financial year. This information is crucial for investors and regulatory compliance, as it indicates the liquidity and availability of the promoter's shares.

Key highlights of the encumbrance disclosure include:

  • No direct encumbrance of shares by the promoter during FY 2026
  • No indirect encumbrance of shares during the financial year
  • Clean shareholding structure maintained throughout the period

Regulatory Compliance Framework

The submission was made in accordance with Regulation 31(4) of SEBI (Substantial Acquisition of Share and Takeovers) Regulations, 2011. This regulation mandates periodic disclosure of substantial shareholdings to ensure transparency in the capital markets and protect investor interests.

Filing Details: Information
Regulation: SEBI Regulation 31(4)
Filing Date: April 7, 2026
Reference Letter: MoS Letter No. S-28022/56/2020-NMDC
Signatory: Vinod Kumar Tripathi, Joint Secretary

Government Ownership Structure

The disclosure reinforces the government's continued majority ownership in NMDC Limited through the President of India. The Ministry of Steel, Government of India, submitted the disclosure on behalf of the President of India, highlighting the administrative framework governing this public sector enterprise.

The 60.79% shareholding represents a substantial majority stake, ensuring government control over the company's strategic decisions and operations. This ownership structure aligns with the government's policy of maintaining control over key natural resource companies in the mining sector.

Historical Stock Returns for NMDC

1 Day5 Days1 Month6 Months1 Year5 Years
+1.85%+9.15%+4.34%+9.41%+35.81%+153.58%

Will the government consider reducing its 60.79% stake in NMDC through divestment programs in the coming fiscal years?

How might NMDC's expansion plans be affected by the government's continued majority control and policy priorities?

Could changes in mining regulations or environmental policies impact NMDC's operational strategy under government ownership?

NMDC Limited Announces Revised Iron Ore Prices Effective April 5, 2026

1 min read     Updated on 05 Apr 2026, 03:05 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

NMDC Limited announced revised iron ore prices effective April 5, 2026, under SEBI Regulation 30 compliance. The company set Baila Lump (65.5%, 10-40 mm) at ₹5,300 per ton and Baila Fines (64%, -10 mm) at ₹4,500 per ton. These FOR prices exclude royalty, DMF, NMEDT, cess, forest permit fee, transit fee, GST, environmental cess and other taxes. The pricing information has been communicated to major stock exchanges and made available on the company's official website for stakeholder transparency.

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NMDC Limited has announced revised iron ore prices effective April 5, 2026, in compliance with Regulation 30 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The government enterprise has communicated the new pricing structure to major stock exchanges including BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited.

Revised Iron Ore Pricing Structure

The company has established new pricing for its iron ore products with specific quality parameters and size specifications. The pricing announcement covers two primary product categories with distinct iron content percentages and size ranges.

Product Type: Specifications Price per Ton
Baila Lump 65.5%, 10-40 mm ₹5,300
Baila Fines 64%, -10 mm ₹4,500

Pricing Terms and Conditions

The announced prices are FOR (Free on Rail) prices that exclude several statutory charges and fees. These exclusions encompass a comprehensive range of regulatory and operational costs that buyers must account for separately.

The excluded charges include:

  • Royalty payments
  • District Mineral Foundation (DMF) contributions
  • National Mineral Exploration and Development Trust (NMEDT) fees
  • Various cess obligations
  • Forest permit fees
  • Transit fees
  • Goods and Services Tax (GST)
  • Environmental cess
  • Other applicable taxes

Regulatory Compliance and Transparency

The pricing announcement demonstrates NMDC's commitment to regulatory compliance under SEBI's disclosure requirements. The company has ensured transparency by making the pricing information accessible through multiple channels, including direct communication to stock exchanges and publication on its official website.

Stakeholders can access detailed pricing information on the company's investor relations portal at the dedicated iron ore prices section. This accessibility ensures that all market participants have equal access to material pricing information that may impact the company's financial performance.

Historical Stock Returns for NMDC

1 Day5 Days1 Month6 Months1 Year5 Years
+1.85%+9.15%+4.34%+9.41%+35.81%+153.58%

How will these revised iron ore prices impact NMDC's revenue and profit margins in the upcoming quarters?

What factors might drive NMDC to adjust these prices again before the end of 2026?

How could these pricing changes affect the competitive positioning of Indian steel manufacturers in global markets?

More News on NMDC

1 Year Returns:+35.81%