Comments
Shares of NMDC Steel will be listed at the bourses on Monday.
Last year, National Mineral Development Corporation (NMDC) had announced the demerger of NMDC Ltd and NMDC Steel Ltd.
NMDC shareholders were allotted one share of NMDC Steel for every equity share held.
The government had demerged the PSU iron-ore miner’s steel unit. The government holds a 60.79 per cent stake in NMDC.
The state-owned company under the Ministry of Steel is headquartered in Hyderabad. It is also the country’s largest iron ore producer.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.