NMDC Limited has scheduled its 68th Annual General Meeting (AGM) for Monday, September 28, 2026. The meeting will be held via video conferencing or other audio-visual means (VC/OAVM).

The company also fixed Monday, October 5, 2026, as the record date for determining shareholder eligibility for the final dividend for FY26. The proposed payout is ₹1 per equity share, subject to approval at the AGM.

Meeting Details

The 68th AGM will take place at 11:30 am (IST) without physical presence of members at a common venue. This format complies with the Companies Act, 2013, and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Shareholders can participate through VC/OAVM facilities only. They will have the opportunity to cast votes on business items via remote e-voting prior to the meeting or through an electronic voting system during the AGM. Detailed instructions for attendance and voting will be provided in the Notice of AGM.

Document Dispatch and Updates

In compliance with regulatory circulars, the Notice of the 68th AGM and the Annual Report for FY25-26 will be sent only by email to members whose email addresses are registered with the Registrar and Transfer Agent or Depository Participants. These documents will also be available on the company website and stock exchange portals.

Members holding shares in physical mode who have not updated their email, mobile number, or bank details are requested to send a signed letter with relevant documents to info@aarthiconsultants.com . Demat holders must update their details with their respective Depository Participants.

Dividend Eligibility

Shareholders holding equity shares on the record date will be entitled to receive the final dividend if approved by members during the meeting. Company Secretary Aniket Kulshreshtha confirmed these dates and procedural details in a communication dated August 24, 2026.

NMDC reported a consolidated net profit of ₹20B for the first quarter, up from ₹19.7B in the same period last year. Revenue for the quarter was logged at ₹67.95B, compared to ₹67B in the prior year.

The mining major’s EBITDA came in at ₹24.68B, slightly lower than the ₹24.8B recorded in the corresponding quarter of the previous fiscal. The EBITDA margin contracted to 36.33% from 37.37% YoY.

Financial Highlights

What the Numbers Show

Revenue growth outpaced EBITDA growth, leading to a compression in operating margins. While top-line revenue expanded by approximately 1.4%, EBITDA declined by roughly 0.5%, resulting in a margin contraction of 104 basis points. Despite the dip in operating profitability, net profit increased, suggesting that factors such as tax efficiency or other income may have supported the bottom line relative to the prior year period.