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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































