NMDC Limited , a major player in the Indian iron ore industry, has announced new pricing for its iron ore products, effective from November 15, 2025. The company has set revised rates for two of its key products, reflecting changes in the market dynamics.

New Pricing Details

The updated pricing structure for NMDC's iron ore products is as follows:

It's important to note that these prices are FOR (Free on Rail) rates and include certain fees but exclude others. The pricing structure includes:

• Royalty
• District Mineral Foundation (DMF)
• National Mineral Exploration Trust (NMET)

However, the prices exclude:

• Cess
• Forest Permit Fee
• Transit fee
• GST
• Environmental Cess
• Other applicable taxes

No Interim Dividend Declared

In a separate announcement, NMDC's Board of Directors, in a meeting held on November 14, 2025, decided not to declare any interim dividend on the company's equity shares. This decision came after a board meeting that lasted from 11:30 AM to 1:30 PM IST.

Market Implications

The revision in iron ore prices by NMDC, a significant supplier in the Indian market, could have implications for the steel industry and related sectors. Steel manufacturers, in particular, may need to adjust their cost structures and pricing strategies in response to these changes in raw material costs.

Investors and industry analysts will likely be watching closely to see how these price adjustments impact NMDC's revenue and profitability in the coming quarters, as well as their effects on the broader steel and mining sectors in India.

For the most up-to-date information on NMDC's iron ore prices, interested parties can visit the company's official website at www.nmdc.co.in .

NMDC Limited , a prominent player in the Indian mining sector, has announced that its board of directors has chosen not to declare an interim dividend on the company's equity shares. This decision, made during a board meeting held on November 14, 2025, impacts current shareholders who will not receive interim dividend payments during this period.

Board Meeting Details

The board meeting, which commenced at 11:30 hrs (IST) and concluded at 13:30 hrs (IST), was convened to discuss various matters, including the potential declaration of an interim dividend. However, after deliberation, the board decided against such a declaration.

Implications for Shareholders

This decision has several implications for NMDC's shareholders:

• No immediate payout: Shareholders will not receive any interim dividend payment at this time.
• Retained earnings: The company will retain these funds, potentially for reinvestment or future use.
• Future considerations: The decision does not preclude the possibility of dividend declarations in the future, including at the end of the fiscal year.

Regulatory Compliance

In line with regulatory requirements, NMDC has promptly disclosed this information to the stock exchanges. The company cited Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in its communication, ensuring transparency and compliance with market regulations.

Investors and stakeholders can find additional information on this development on the company's official website: www.nmdc.co.in .

While the news of no interim dividend might disappoint some investors looking for regular income from their investments, it's important to note that dividend decisions are complex and often reflect a company's current financial position, future outlook, and strategic priorities. Shareholders and potential investors should consider this information as part of their overall assessment of NMDC's financial health and investment potential.