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NMDC Ltd.

BSE: 526371 Sector: Metals & Mining
NSE: NMDC ISIN Code: INE584A01023
BSE LIVE 15:54 | 18 Aug 120.65 -2.65
(-2.15%)
OPEN

123.00

HIGH

123.00

LOW

119.65

NSE 15:54 | 18 Aug 120.75 -2.15
(-1.75%)
OPEN

121.95

HIGH

122.50

LOW

119.65

OPEN 123.00
PREVIOUS CLOSE 123.30
VOLUME 358368
52-Week high 152.50
52-Week low 100.30
P/E 13.19
Mkt Cap.(Rs cr) 38,172
Buy Price 0.00
Buy Qty 0.00
Sell Price 120.65
Sell Qty 17311.00
OPEN 123.00
CLOSE 123.30
VOLUME 358368
52-Week high 152.50
52-Week low 100.30
P/E 13.19
Mkt Cap.(Rs cr) 38,172
Buy Price 0.00
Buy Qty 0.00
Sell Price 120.65
Sell Qty 17311.00

NMDC Ltd. (NMDC) - Chairman Speech

Company chairman speech

CHAIRMANS STATEMENT

To

Shareholders NMDC SARL

Dear Shareholders

The NMDC SARL (a Wholly Owned Subsidiary of NMDC) is a Company registered underMalagasy right having a registered capital of 1000000 MGA (One million Malagasy ariary).Its main activity is prospecting exploration and exploitation of high value mineraldeposits in Madagascar. The Company had suspended its operation from March 2002 due todisturbed political situation in the country and also due to poor exploration results.

In view of the above NMDC took a decision to wind up NMDC SARL. The process of windingup is on hand. There have been no transactions after March 2002.

On 1st January 2005 the Malagasy ariary (MGA) replaced the previous currency i.e.Malagasy franc (FMG) and one Malagasy franc was valued at 0.2 ariarys and accordingly theFMG monetary value are converted into MGA.

No transactions pertaining to the company have occurred during the financial year endedon 30th June 2013. Hence only the Balance Sheet has been reproduced without any changefrom the previous year’s figures.

Sd/-

Narendra K. Nanda

Director - Manager