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NMDC Ltd.

BSE: 526371 Sector: Metals & Mining
NSE: NMDC ISIN Code: INE584A01023
BSE LIVE 19:47 | 19 Oct 122.60 0.15
(0.12%)
OPEN

124.50

HIGH

124.50

LOW

121.85

NSE 19:44 | 19 Oct 122.10 -0.30
(-0.25%)
OPEN

123.00

HIGH

123.10

LOW

121.70

OPEN 124.50
PREVIOUS CLOSE 122.45
VOLUME 59548
52-Week high 152.50
52-Week low 102.80
P/E 13.40
Mkt Cap.(Rs cr) 38,789
Buy Price 0.00
Buy Qty 0.00
Sell Price 122.60
Sell Qty 495.00
OPEN 124.50
CLOSE 122.45
VOLUME 59548
52-Week high 152.50
52-Week low 102.80
P/E 13.40
Mkt Cap.(Rs cr) 38,789
Buy Price 0.00
Buy Qty 0.00
Sell Price 122.60
Sell Qty 495.00

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